Bibby Line Group secures £55m buy-in with PIC

Transaction secures the benefits of 667 scheme members

Holly Roach
clock • 2 min read
Bibby Line Group secures £55m buy-in with PIC

The Bibby Line Group Limited Pension Scheme has completed a £55m buy-in with Pension Insurance Corporation (PIC), securing the benefits of 667 scheme members.

Cartwright provided administration and actuarial advice to the trustee and DLA Piper provided legal advice, while PwC led a working group consisting of both trustee and company representatives. Her...

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