ICAEW-sponsored scheme completes £58m buy-in with PIC

BPA transaction secures the benefits of 375 members of the scheme

Martin Richmond
clock • 1 min read
ICAEW-sponsored scheme completes £58m buy-in with PIC

The Institute of Chartered Accountants’ Staff Pensions Fund has completed a £58m partial buy-in with Pension Insurance Corporation (PIC).

The bulk purchase annuity (BPA) for the scheme, sponsored by The Institute of Chartered Accountants in England and Wales (ICAEW), has secured the benefits of the 375 members of the scheme who were ...

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