American Optical scheme and Just complete £11m buy-in

Scheme was able to transact within three months of deciding to go to market

Holly Roach
clock • 2 min read
American Optical scheme and Just complete £11m buy-in

The American Optical UK (AOUK) Pension Scheme has completed an £11m buy-in with Just Group.

The scheme was able to transact within three months of deciding to go to market, and the deal has secured the members' liabilities in full. The trustee selected Lane Clark & Peacock (LCP) as tra...

To continue reading this article...

Join Professional Pensions

  • Unlimited access to real-time news, analysis and opinion from the industry
  • Receive our in-depth monthly magazine in either print or digital format
  • Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
  • Receive important and breaking news stories selected by the Editors in our daily newsletter
  • Hear from industry experts and other forward-thinking leaders
  • Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date

Join now

 

Already a Professional Pensions
member?

Login

More on Risk Reduction

Seven small undisclosed schemes complete buy-ins with Aviva and Just

Seven small undisclosed schemes complete buy-ins with Aviva and Just

Transactions secure the benefits for combined 307 pensioners and 274 deferred members

Martin Richmond
clock 10 May 2024 • 2 min read
Rathbones schemes complete £100m buy-in with Canada Life

Rathbones schemes complete £100m buy-in with Canada Life

Transaction secures the liabilities for 480 scheme members

Holly Roach
clock 09 May 2024 • 2 min read
Just Group surpasses 400 bulk annuity transactions

Just Group surpasses 400 bulk annuity transactions

Group now accounts for one third of all de-risking transactions in the market

Jasmine Urquhart
clock 08 May 2024 • 2 min read
Trustpilot