Members of the EMI Group Pension Fund have been issued annuity policies in the wake of the landmark £1.5bn buyout last year.
Citigroup, the sponsoring employer since 2012, completed the transaction with Pension Insurance Corporation (PIC) in July to cover all risk associated with the liabilities of the scheme's 20,000 me...
To continue reading this article...
Join Professional Pensions
Signup and gain exclusive members-only insights
- 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
