ICI Pension Fund completes £2.7bn across five buy-ins with L&G and Scottish Widows in 2016
By IAN Editorial Desk
News date: 31 December 2016Published 24 May 2026·5 min read
By IAN Editorial Desk ICI Pension Fund’s £2.7bn programme of five buy-ins with Legal & General and Scottish Widows in 2016 reshaped both its own risk...
ICI Pension Fund’s £2.7bn programme of five buy-ins with Legal & General and Scottish Widows in 2016 reshaped both its own risk profile and the dynamics of the UK bulk annuity market. For insurers, the transactions concentrated a quarter of the year’s total de-risking flow into a single, closed scheme with a long-running appetite for insurance solutions. This matters for…
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