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£762m buy-in secured for Morrisons

We are pleased to announce that we have completed a £762m buy-in with the 1967 Section of the Morrisons Retirement Saver Plan, protecting the pension benefits of more than 8000 members. The Plan is sponsored by Wm Morrison Supermarkets Limited, one of the UK’s largest grocery retailers.

The buy-in was achieved through an accelerated process and features a bespoke solution to help with illiquid asset run off.

Click here for the full press release