Thomas Cook and Coal schemes complete buy-ins with PIC and Just Group

Thomas Cook schemes complete £50m deal and Coal schemes complete £44m transaction

Martin Richmond
clock • 3 min read
Thomas Cook and Coal schemes complete buy-ins with PIC and Just Group

The Thomas Cook Travel Schemes and the trustees of the Industry-Wide Coal Staff Superannuation Scheme (IWCSSS) and the Industry-Wide Mineworkers’ Pension Scheme (IWMPS) have completed buy-ins with Pension Insurance Corporation (PIC) and Just Group, respectively.

Thomas Cook The full scheme buy-ins for three schemes, formerly sponsored by Thomas Cook Group, will total £50m. The schemes entered into Pension Protection Fund (PPF) assessment in September 20...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • 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

Join now

 

Already a Professional Pensions
member?

Login

More on Risk Reduction

Standard Life launches £2bn PRT strategic partnership

Standard Life launches £2bn PRT strategic partnership

Partnership with consortium of investors set to expand Standard Life’s PRT business

Martin Richmond
clock 20 August 2026 • 4 min read
Altro scheme completes £85m 'BPA-plus' transaction with M&G

Altro scheme completes £85m 'BPA-plus' transaction with M&G

Risk reduction deal secures the benefits of 740 members

Martin Richmond
clock 20 August 2026 • 2 min read
ICAEW-sponsored scheme completes £58m buy-in with PIC

ICAEW-sponsored scheme completes £58m buy-in with PIC

BPA transaction secures the benefits of 375 members of the scheme

Martin Richmond
clock 19 August 2026 • 1 min read
Trustpilot