£9m buy-in deal for Lakeland Laboratories scheme

Just Group, K3 Advisory and H&C Consulting worked on the deal

Hope William-Smith
clock • 1 min read
£9m buy-in deal for Lakeland Laboratories scheme

The Lakeland Laboratories Limited 2020 Retirement Benefit Scheme has insured the benefits of 24 deferred and 30 pension members in a bulk annuity advised on by K3 Advisory.

The £9m buy-in was completed in the second half of 2021 with Just Group and was announced today (1 March) by K3 Advisory who worked on the process with the scheme's actuary and administrator H&C Co...

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