Baker Hughes schemes complete buy-in deals worth £900m with PIC

Three deals secure the benefits of 3,000 pensioners and dependants and nearly 4,000 deferred members

Holly Roach
clock • 2 min read
Baker Hughes schemes complete buy-in deals worth £900m with PIC

Three schemes sponsored by Baker Hughes have completed a £900m buy-in deal with Pension Insurance Corporation (PIC).

The Baker Hughes (UK) Pension Plan, the Brush Group Pension Scheme, and the Pipeline Integrity International (PII) Group Pension Scheme have secured the liabilities of over 3,000 pensioners and dep...

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