K3 Advisory completes £12m full buy-in deal

Benefits have been insured for members in a scheme of a global retail business

Hope William-Smith
clock • 1 min read
The deal is K3 Advisory's first working with Schroders Solutions
Image:

The deal is K3 Advisory's first working with Schroders Solutions

Bulk annuity and consolidator advisory firm K3 Advisory has today (22 February) announced the completion of a £12m full buy-in deal for a scheme of a global, family-owned retail business.

The deal - which was completed in September 2021 - covered 132 deferred and 134 pensions members. K3 Advisory managing director Adam Davis said multiple insurers had bid for the deal after a suc...

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

More on Risk Reduction

Epson scheme secures £50m buy-in deal with PIC

Epson scheme secures £50m buy-in deal with PIC

Deal secures the benefits of all 368 pensioners and 493 deferred members

Holly Roach
clock 16 April 2024 • 2 min read
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
Trustpilot