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

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Risk Reduction

LGPS funding 'remains strong' at 145%

LGPS funding 'remains strong' at 145%

Isio Low-Risk Funding Index shows total surplus of £148bn at end of Q4 2025

Jasmine Urquhart
clock 19 March 2026 • 1 min read
Hille Ergonom Pension Scheme completes £4m buyout with Aviva

Hille Ergonom Pension Scheme completes £4m buyout with Aviva

The deal secures the benefits of 74 members who also benefitted from surplus assets

Holly Roach
clock 18 March 2026 • 2 min read
Traffic jams and roadblocks leaving micro DB schemes in the endgame slow lane

Traffic jams and roadblocks leaving micro DB schemes in the endgame slow lane

Nick Johnson says a joined-up approach gives trustees the best route to insurer engagement

Nick Johnson
clock 13 March 2026 • 3 min read
Trustpilot