The ICI Pension Fund has revealed it completed another two buy-ins worth almost £1bn in September with two major insurers.
Legal and General (L&G) took on £0.4bn of liabilities while Scottish Widows insured £0.6bn. This latest round of intense buy-in activity means11 transactions covering around 75% of liabilities o...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here
