The Research Machines scheme has entered into a £31m buy-in with Pension Insurance Corporation (PIC) to cover its pensioner members.
The buy-in will generate an income stream to Research Machines that closely matches the payments to all 165 existing pensioners. The deal covers approximately 9% of scheme members and 13% of the...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- 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
