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
clock • 2 min read
Holophane scheme gets green light on £24m full buy-in deal with PIC

The Holophane Retirement Benefits Scheme has secured a £24m full buy-in deal with Pension Insurance Corporation (PIC).

The deal with the scheme – sponsored by green infrastructure lighting solutions firm Holophane Europe – secures the benefits of 95 pensioners and dependents and 74 deferred scheme members. Carda...

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

LGPS funding 'remains strong' at 145%

LGPS funding 'remains strong' at 145%

Isio Low-Risk Funding Index shows total surplus of £148bn at end of Q4 2025

Jasmine Urquhart
clock 19 March 2026 • 1 min read
Hille Ergonom Pension Scheme completes £4m buyout with Aviva

Hille Ergonom Pension Scheme completes £4m buyout with Aviva

The deal secures the benefits of 74 members who also benefitted from surplus assets

Holly Roach
clock 18 March 2026 • 2 min read
Traffic jams and roadblocks leaving micro DB schemes in the endgame slow lane

Traffic jams and roadblocks leaving micro DB schemes in the endgame slow lane

Nick Johnson says a joined-up approach gives trustees the best route to insurer engagement

Nick Johnson
clock 13 March 2026 • 3 min read
Trustpilot