Imation (UK) Pension Scheme completes £21m buyout with PIC

clock

The trustees of the Imation (UK) Pension Scheme have completed a £21m buyout with Pension Insurance Corporation.

Imation is a US based consumer electronics firm. The scheme was advised by JLT. Trustee spokesman John Beckett said: "We have been able to secure our members' benefits for the long-term with thi...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Risk Reduction

PMI scheme completes full buyout with L&G

PMI scheme completes full buyout with L&G

L&G takes on responsibility for payment and administration of benefits, with PMI scheme to wind up

Holly Roach
clock 20 January 2026 • 1 min read
Dr. Martens scheme completes £37.5m buy-in with PIC

Dr. Martens scheme completes £37.5m buy-in with PIC

Bulk purchase annuity transaction secures benefits of 455 scheme members

Martin Richmond
clock 20 January 2026 • 2 min read
Brittany Ferries scheme completes £35m buy-in with Just Group

Brittany Ferries scheme completes £35m buy-in with Just Group

Deal secures benefits of 175 pensioners and 269 deferred members

Jasmine Urquhart
clock 14 January 2026 • 2 min read
Trustpilot