Just Retirement completes buy-in; predicts £80m of business this year

clock

Just Retirement has completed a £36.5m medically underwritten buy-in with a shipping firm and says it is on target to write £80m of bulk annuity business in the year to June.

The deal is believed to be the largest completed so far and the transacting scheme's adviser said a traditional buy-in would have been unaffordable. It represents an increase in activity for 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

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
John Turner Construction Group completes buy-in with Aviva

John Turner Construction Group completes buy-in with Aviva

Transaction secures the benefits of 18 deferred members and one pensioner

Jasmine Urquhart
clock 09 May 2024 • 2 min read
Trustpilot