£150m scheme completes top-sliced medically underwritten buy-in

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The £150m Institution of Engineering and Technology ("IET") Superannuation and Assurance Scheme has completed a £32m medically underwritten buy-in.

The deal, completed earlier in the year with an unnamed insurer, covers liabilities relating to pensioners with the highest value benefits, and was secured at just above the scheme's technical prov...

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