PIC secures £40m buy-in for Institution of Mechanical Engineers Pension Scheme

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Reinsurance News - Jul 24, 2025

Pension Insurance Corporation plc (PIC), a specialist insurer focused on defined benefit pension schemes, has completed a £40 million buy-in with the Institution of Mechanical Engineers Pension Scheme, with the transaction securing the pensions of all 200 members of the Scheme. The Institution of Me...

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