Epson scheme secures £50m buy-in deal with PIC

Deal secures the benefits of all 368 pensioners and 493 deferred members

Holly Roach
clock • 2 min read
Epson scheme secures £50m buy-in deal with PIC

The Epson Telford Limited Pension & Life Assurance Scheme has completed a £50m full-scheme buy-in with Pension Insurance Corporation (PIC).

The bulk annuity transaction for the scheme – which is part of the Epson group and owned by Japanese electronics firm Seiko Epson Corporation – secures the benefits of all 368 pensioners and 493 de...

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

Join now

 

Already a Professional Pensions
member?

Login

Holly Roach
Author spotlight

Holly Roach

News Editor at Professional Pensions

View profile
More from Holly Roach

Katharine Photiou: Looking to 2025, boosting outcomes, and 'incredible change' in the industry

New pensions minister maintains AE thresholds following annual review

More on Risk Reduction

Working with insurers – The past, present and future
Risk Reduction

Working with insurers – The past, present and future

Nikhil Patel and Andy Smith look at how market dynamics are changing

Nikhil Patel and Andy Smith
clock 17 January 2025 • 3 min read
Holophane scheme gets green light on £24m full buy-in deal with PIC
Risk Reduction

Holophane scheme gets green light on £24m full buy-in deal with PIC

Deal secures the benefits of 95 pensioners and dependents and 74 deferred members

Holly Roach
Holly Roach
clock 15 January 2025 • 2 min read
Charities urged to prepare for DB funding regime
Risk Reduction

Charities urged to prepare for DB funding regime

DB schemes with valuations after 22 September 2024 should take control of funding and investment strategy

Jasmine Urquhart
Jasmine Urquhart
clock 13 January 2025 • 1 min read
Trustpilot