British Arab Commercial Bank scheme agrees first whole-of-market medical buy-in

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The British Arab Commercial Bank pension scheme trustees have entered the first whole-of-market medically underwritten buy-in with Partnership.

JLT Employee Benefits (JLT) advised the trustees of the £60m defined benefit (DB) scheme in the deal with Partnership. Rather than selecting one insurer upfront, as with previous deals, JLT EB d...

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