The Pension Protection Fund (PPF) has completed the largest transfer since it brought member services in-house by absorbing five sections of the industry-wide Coal schemes.
Barnett Waddingham announced it had successfully moved the Scottish Coal and UK Coal sections to the lifeboat boat as of January 2016.
This follows the Scottish Coal Company going bust in April 2013 and UK Coal Operations entering administration in July during the same year.
The initial assessment period was completed by July 2014 and then Barnett Waddingham continued to work closely with the PPF for the transition to its member services team.
Barnett Waddingham partner Ben Pullen and panel actuary to the industry-wide schemes, said: "We are very pleased to have been instrumental in the transfer of these schemes.
"Our team has supported the members throughout the process, offering a dedicated helpline, guidance and reassurance.
"The transfer is the culmination of the hard work of our team, the trustees and the PPF and offers continued security to the members for the safety of their pensions."
The UK Coal scheme entered the lifeboat fund in 2013 as part of a deal to save its sponsoring employer from insolvency.
The PPF announced last spring it had completed the sale of its stake in Harworth Estates, the property group split from UK Coal.
The property group was created in 2012 when the property business of UK Coal was restructured in an attempt to avoid insolvency. The business was transferred to the PPF in 2013 when a second restructuring of the firm failed.
The PPF took its member services team in-house in 2014.
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