PIC completes £510m buy-in of Next Group pension plan

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Reinsurance News - Mar 26, 2024

Pension Insurance Corporation plc (PIC), a specialist insurer of defined benefit pension funds, has completed a full scheme buy-in with the Trustee of the 2013 Next Group Pension Plan for £510 million. The bulk annuity transaction represents the scheme’s second buy-in after it completed a £100...

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