The Spirent Communications Staff Pensions and Life Assurance Plan has completed a £142m full buy-in with Pension Insurance Corporation (PIC).
As a result of the transaction, the pensions of 1,353 members including 490 deferred members have been covered. The deal - completed in 2022 - means all defined benefit liabilities of the plan h...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here
