Peel Ports scheme secures £230m full buy-in with PIC

Transaction secures the benefits of around 2,000 scheme members

Holly Roach
clock • 2 min read
Peel Ports scheme secures £230m full buy-in with PIC

The Peel Ports Final Salary Pension Scheme has completed a £230m full buy-in with Pension Insurance Corporation (PIC).

The transaction secures the benefits of around 2,000 members across several Peel Ports Group companies. CMS advised PIC during the transaction, LCP advised the trustee and legal advice was provi...

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