Leonardo Electronics completes £160m buy-in with Just

James Phillips
clock • 1 min read
Leonardo manufactures C-27J planes for the Fuerza Aérea del Peru
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Leonardo manufactures C-27J planes for the Fuerza Aérea del Peru

The Leonardo Electronic Pension Scheme has concluded a £160m pensioner buy-in with Just Group in the scheme’s first risk transfer exercise.

The aerospace, defence and security company's £1bn pension scheme insured the benefits of all 1,253 pensioners in its electronics, defence and security systems division with non-trivial annual pens...

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James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

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