Just completes £250m buy-in with Keysight Technologies

Pensioner-only transaction forms part of insurer’s first half bulk annuity deals

James Phillips
clock • 1 min read
Just completes £250m buy-in with Keysight Technologies

The Keysight Technologies UK Limited Retirement Benefits Plan has agreed a £250m buy-in with Just Group.

The pensioner-only transaction secures the liabilities of around 750 pensioner members of the plan, former employees of the electronic test and measurement equipment manufacturer. Trustee chair ...

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

James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

More on Risk Reduction

Lucite scheme secures £130m buy-in with Just Group

Lucite scheme secures £130m buy-in with Just Group

The full scheme buy-in deal secures the benefits of 438 uninsured members

Holly Roach
clock 11 April 2024 • 2 min read
Aviva launches streamlined bulk purchase annuity service

Aviva launches streamlined bulk purchase annuity service

Launch follows pilot scheme last year which saw more than 20 schemes transact

Jasmine Urquhart
clock 10 April 2024 • 1 min read
XPS raises concern about the PPF acting as a public consolidator

XPS raises concern about the PPF acting as a public consolidator

XPS says PPF could support viable DB schemes with insolvent sponsors to reach buyout

Jasmine Urquhart
clock 09 April 2024 • 2 min read
Trustpilot