Arc Pensions Law advises Trustee of the FSCS Pension Scheme on a £25 million buy-in
Arc Pensions Law advised the Trustee of the FSCS Pension Scheme on a £25 million full scheme buy-in with Pension Insurance Corporation plc. The transaction secures the benefits of all 154 members, comprising 37 pensioners and 117 deferred members. The Chair of the Trustees, Giles Payne of Capital Cranfield, stated that Arc Pensions Law “guided us expertly through the issues raised which meant we could confidently transact, safe in the knowledge nothing was left to chance.”
News of the transaction was covered in Pensions Age, Professional Pensions, Pensions Expert, Law360 and Actuarial Post.
Please read the Pension Insurance Corporation’s press release, here.
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