
Pensions
Tata Steel Expects to Complete British Steel Pension Buy-In by Mid-2023
Trustee secures third buy-in policy for $2.5 billion worth of liabilities.
Trustee secures third buy-in policy for $2.5 billion worth of liabilities.
Keith Greenfield will take over the metal pension’s board, replacing Allan Johnston.
BSPS plans, Tata Steel merger with Thyssenkrupp can now go forward.
Average British Steel pensioner transferred £400,000 in benefits to “unsuitable” funds.