Bakers, Hammonds and Herbies scoop Boots pension transfer
Baker & McKenzie, Hammonds and Herbert Smith have worked on a pensions deal that has seen Alliance Boots offload the liabilities on the smaller of its two pension schemes to insurer Pensions Insurance Corporation (PIC). Under the terms of the deal the Alliance Unichem scheme’s £300m of liabilities have transferred to PIC, which will now take responsibility for paying […]