Smiths Group has struck a fourth buy-in for its TI Group Pension Scheme, in a £170m deal with Pension Insurance Corporation (PIC) that takes its total insured liabilities to more than £800m.
The deal, in which Mayer Brown and Aon Hewitt advised the trustees, comes after the firm has spent a decade reducing risk in the TI scheme and the Smiths Industries Pension Scheme (SIPS). Truste...
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