Just Group completes £500m full scheme buy-in

Around half of the liabilities of the scheme were reinsured to minimise capital strain

Jonathan Stapleton
clock • 1 min read
David Richardson is chief executive of Just Group
Image:

David Richardson is chief executive of Just Group

Just Group has announced it has completed a £500m full scheme buy-in for the scheme of an unnamed international industrial services business.

The deal - the largest single transaction Just has completed since its entry into the market in 2012 - insures around 3,000 pensioners and 1,800 deferred members. Just said it reinsured around 5...

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