Just transacts £1.3bn of bulk annuities in 2018 after final buy-in with Pfizer

James Phillips
clock • 2 min read

Just Group has completed a £158m pensioner buy-in with the Wyeth Group Pension and Life Assurance Scheme, bringing its total bulk annuity sales for 2018 to £1.3bn.

Around 1,200 members were covered by the buy-in, which was "actively supported" by Pfizer, the defined benefit (DB) scheme's sponsor. The insurer was chosen after a "rigorous selection process",...

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James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

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