PIC completes £370m full-scheme buy-in with Yell

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Reinsurance News - Sep 21, 2022

The Pension Insurance Corporation (PIC) has concluded a full-scheme buy-in with the trustee of the Yell Pension Plan, covering £370m in remaining liabilities. This buy-in, the second between PIC and Yell, follows an initial buy-in in 2014 that insured 500 pensioners. This transaction takes total pla...

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