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Smiths strikes £760m pension buy-in with M&G

By Josh White

Date: Tuesday 21 Jul 2026

(Sharecast News) - Smiths Group said on Tuesday that its Smiths Industries Pension Scheme completed a £760m buy-in with M&G, securing the benefits of more than 10,000 members and leaving all of the scheme's roughly 17,000 members fully insured.
The FTSE 100 firm said the transaction was funded using existing scheme...

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