The JLT UK Group Pension Scheme has completed a buy-in to insure £120m of its defined benefit (DB) liabilities with Prudential.
The transaction, which covers a section of the £500m scheme's pensioner members, was structured to enable the trustees to secure the liabilities at a competitive price. Trigger prices were set f...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here
