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...

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