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London Stock Exchange


London Stock Exchange transfers pension liabilities to Pension Corporation

16th May 2011

The London Stock Exchange (LSE) has transferred a portion of its pensioner members liabilities to Pension Corporation (PIC) in a buy-in transaction which see’s PIC insure all their current pension scheme members and automatically insure future pensioners for the next five years. The innovative deal effectively minimises the LSE’s pension risks over a fixed term […]

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