The Chamber of Shipping Retirement Benefits Plan has completed a £40m buy-in using a fixed fee service aimed at smaller schemes.
The transaction with Pension Corporation covers all of the scheme's current pensioner members and was secured through LCP's fixed-fee service which was launched last year (PP Online 28 March 2012)....
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date