Leonardo Electronics completes £160m buy-in with Just
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 pensions....
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Aviva Life & Pensions has concluded an £875m buy-in with its own staff pension scheme, following on from a similar transaction last year.
Just Group agrees £74m buy-in with engineering scheme
Just Group has completed a £74m pensioner buy-in with the UK pension scheme of a US-listed engineering business.
Smiths Group completes £146m buy-in with Canada Life
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Prudential agrees £3.7bn longevity swap with Pacific Life
The Prudential Staff Pension Scheme has entered into a £3.7bn longevity swap with Pacific Life Re, insuring the longevity risk of over 20,000 pensioners.
