ICI Pension Fund trustees agree £3.6bn buy-in with L&G and Pru

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The ICI Pension Fund trustees have entered into two buy-ins with Legal & General (L&G) and Prudential Retirement Income Services.

The deal is part of a de-risking strategy employed by the scheme sponsor AkzoNobel. The scheme will complete its triennial review of its current recovery plan in 2015, which will take the transa...

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