Alcatel-Lucent agrees £100m buy-in with PIC
The trustees of the Alcatel-Lucent Pension Scheme have agreed a £100m pensioner buy-in with Pension Insurance Corporation (PIC).
The deal - advised by Aon Hewitt - will secure benefits for 260 pensioners in the 6,000 member scheme, which has around £1.2bn of assets. It follows a £300m pensioner buy-in with Aviva, announced last...
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