Auto Windscreens scheme completes £30m buyout

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Trustees of the Auto Windscreens Pension Scheme have secured a £30m buyout in the latest deal in a flurry of de-risking activity.

The transaction with Pension Insurance Corporation (PIC) covers 160 members of the scheme, which is a legacy arrangement, sponsored by the RAC. The announcement follows huge bulk annuity transac...

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