Breaking buyout records with EMI

Taha Lokhandwala looks at the £1.5bn buyout deal between EMI Group and Pension Corporation

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Last week the EMI Group Pension Fund secured a £1.5bn buyout with Pension Corporation (PIC).

The deal - the largest to date - covers all risk associated with the liabilities of the scheme's 20,000 members, and the sponsor will not be exposed to the impact of any data errors that are uncove...

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