Sandra Wolf
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RAC pension scheme completes £1.3bn buy-in

RAC pension scheme completes £1.3bn buy-in

The RAC (2003) Pension Scheme has completed a full buy-in insuring £1.3bn of liabilities for roughly 19,000 members.  The transaction with Aviva was completed in August and includes the novation of an existing longevity swap and a transfer of illiqui

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