Pension Insurance Corporation has signed a second £30m bulk annuity deal with the Cookson Group Pension Plan, following its first buy-in in 2012.
The move comes after PIC insured £320m of liabilities for the Cookson plan, now sponsored by Vesuvius, in July last year (PP Online 19 July 2012), in the largest bulk annuity transaction of 2012. The...
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