Kingfisher scheme completes £200m buy-in with PIC
The Kingfisher Pension Scheme has completed a buy-in with Pension Insurance Corporation (PIC), covering around £200m of liabilities for 400 pensioner members.
The contract brings the amount of insured liabilities up to circa £450m, following a £230m medically-underwritten buy-in with Legal & General in 2016. Just over 10% of just over £4bn liabilities on...
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