Kingfisher scheme completes £200m buy-in with PIC

James Phillips
clock • 2 min read

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...

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James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

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