A closer look at Kingfisher's £209m buy-in with PIC

Victoria Tichá
clock • 4 min read

A second bulk annuity has been agreed for the Kingfisher Pension Scheme. Victoria Ticha speaks to the trustee about this next step in its journey towards self-sufficiency

On 25 April, Pension Insurance Corporation (PIC) announced it had concluded a buy-in with the trustees of the Kingfisher Pension Scheme covering some £209m of liabilities out of its total £4.1bn. ...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

Victoria Tichá
Author spotlight

Victoria Tichá

View profile
More from Victoria Tichá

HSBC pension scheme to invest £250m in wind and solar

Pension freedoms could rake in £19.2bn of tax over next decade

More on Risk Reduction

Strategic run-on market set for influx of new entrants this year, EY report says
Risk Reduction

Strategic run-on market set for influx of new entrants this year, EY report says

Attractiveness of strategic run-on to grow as concept gains traction

Jasmine Urquhart
Jasmine Urquhart
clock 17 April 2025 • 3 min read
The real question trustees should be asking – why?
Risk Reduction

The real question trustees should be asking – why?

Antony Miller asks why innovation in DB consolidation is moving at such a snail’s pace

Antony Miller
clock 16 April 2025 • 3 min read
South East Water Pension Scheme secures £120m buy-in deal with Just Group
Risk Reduction

South East Water Pension Scheme secures £120m buy-in deal with Just Group

Second transaction with the scheme means all member benefits are now insured

Holly Roach
Holly Roach
clock 14 April 2025 • 2 min read
Trustpilot