The Denholm Pension Scheme has become the first fund to complete a buy-in using JLT Employee Benefit's (JLTEB) fixed-fee bulk annuity service for smaller schemes.
The £8m transaction with Aviva, which covers the scheme's pensioner members, was secured through JLT's Buy-inSure offering within six weeks of the consultant requesting quotes from insurers. The...
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