Barloworld scheme and Just complete £484m buy-in deal

The full scheme buy-in insures the benefits of 4,800 pensioner and deferred members

Holly Roach
clock • 1 min read
Barloworld scheme and Just complete £484m buy-in deal

The trustee of the Barloworld UK Pension Scheme has completed a £484m full scheme buy-in with Just Group, insuring the benefits of 4,800 members.

The bulk annuity transaction is pensioner heavy, insuring the benefits for 3,000 retired members and 1,800 deferred members. The transaction - Just Group's largest defined benefit (DB) transacti...

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