Steel­work­ers eye pen­sions boost from deal

The Daily Telegraph - Business - - Business -

Pen­sion In­sur­ance Cor­po­ra­tion, one of the UK’s big­gest spe­cial­ist pen­sion in­vest­ment firms, is in ad­vanced talks about a deal that would boost the re­tire­ment pots of thousands of Bri­tish steel­work­ers. PIC is in ne­go­ti­a­tions to fund a buy­out of the £2bn Old Bri­tish Steel Pen­sion Scheme, which has more than 30,000 mem­bers, Sky News said.

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