Christopherson scheme secures £55m buyout with PIC

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Trustees of the Christopherson (FS) Pension Scheme have agreed a £55m buyout for its members with Pension Insurance Corporation (PIC).

The deal covers the liabilities for the scheme's near 350 members and was agreed with motor insurer Equity Red Star, the sponsor of the scheme. Christopherson was originally a Lloyds listed insu...

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