Just Group agrees £17m buy-in with banking scheme

The deal was announced by K3 Advisory and its partner Cartwright

Hope William-Smith
clock • 2 min read
The unnamed scheme was supported by K3 Advisory and Cartwright
Image:

The unnamed scheme was supported by K3 Advisory and Cartwright

Just Group has completed a £17m pensioner buy-in with the UK pension scheme of an overseas banking group.

The unnamed scheme was supported by K3 Advisory and Cartwright throughout the transaction process and was completed on 3 August for a total 54 pensioner members. Professional trustee services we...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • 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

Join now

 

Already a Professional Pensions
member?

Login

More on Risk Reduction

Buy-in transactions reach 'record' volumes in H1 2024

Buy-in transactions reach 'record' volumes in H1 2024

Hymans says 134 buy-in transactions were completed in H1 covering £15.3bn in liabilities

Martin Richmond
clock 18 September 2024 • 2 min read
Merseyside Pension Fund agrees £200m buy-in deal with Aviva

Merseyside Pension Fund agrees £200m buy-in deal with Aviva

Transaction secures the benefits of around 2,500 scheme members

Holly Roach
clock 18 September 2024 • 3 min read
PIC posts H1 results showing £3bn of new business and pipeline of £45bn

PIC posts H1 results showing £3bn of new business and pipeline of £45bn

Insurer says it now has a new business pipeline of up to £45bn

Jonathan Stapleton
clock 12 September 2024 • 2 min read
Trustpilot