ICI completes post-Brexit £750m buy-in
The ICI Pension Fund has revealed it saved £10m by completing its latest buy-in with Legal & General (L&G) shortly after the EU referendum.
The scheme took advantage of market swings following the Brexit vote to get a better deal for the bulk annuity which covers £750m of liabilities. The fund benefited from having its interest rate risk...
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Con Keating: Buzz views show true depth of DB funding code disquiet
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Evonik scheme completes £544m full buy-in with L&G
The defined benefit (DB) scheme of Evonik Holdings UK has agreed a £544m full buy-in with Legal & General (L&G) Assurance Society.
Exclusive: Market volatility to spur £30bn of buy-ins and buyouts in 2021
Pension risk transfer volumes this year will look similar to those in 2020 as market volatility creates opportunities for schemes able to act fast, according to Willis Towers Watson.
