NCR scheme secures £670m buy-in with PIC
The NCR pension plan has entered into a £670m buy-in with Pension Insurance Corporation (PIC) covering 5,400 members of the consumer transaction tech firm's subsidiaries in the UK.
The plan's chair of trustees Stephen Swinbank said advisers Towers Watson and Reed Smith led the process and carried out a full tender process to select the most appropriate insurer. NCR vice president...
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