Just and Stantec Pension Plan complete buy-in deal

The full buy-in transaction was signed in December for an undisclosed sum

Holly Roach
clock • 2 min read
The trustees were advised by Broadstone Consultants & Actuaries and DLA Piper
Image:

The trustees were advised by Broadstone Consultants & Actuaries and DLA Piper

Just Group has completed a transaction with the Stantec Pension Plan UK to purchase a bulk annuity contract for a section of its defined benefit scheme.

The transaction - agreed in December 2021 for an undisclosed sum - secures the benefits for 640 deferred and pensioner members of the ‘treatment section' of the plan. Just Group plans to work wi...

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

OSG Ship Management scheme secures £16m buy-in with Aviva

OSG Ship Management scheme secures £16m buy-in with Aviva

Full scheme transaction insures the liabilities of 53 members

Holly Roach
clock 29 April 2025 • 1 min read
Gleaner Pension Scheme completes  £7.5m buyout with Aviva

Gleaner Pension Scheme completes £7.5m buyout with Aviva

Transaction secures benefits of all 26 deferred and 95 pensioner members

Jasmine Urquhart
clock 29 April 2025 • 2 min read
'Healthy' demand for bulk annuity transactions despite volatility, Isio says

'Healthy' demand for bulk annuity transactions despite volatility, Isio says

Consultancy says market has seen ‘strong momentum’ despite uncertainty caused by US tariffs

Martin Richmond
clock 28 April 2025 • 2 min read
Trustpilot