Collective Enterprises completes £1.3m buy-in

The transaction with K3 Advisory covers seven pensioners and 12 deferred members

Martin Richmond
clock • 1 min read
Collective Enterprises completes £1.3m buy-in

The Collective Enterprises Retirement and Death Benefits Scheme has completed a full £1.3m buy-in with K3 Advisory.

The bulk purchase annuity - completed in September with Just Group - covers the benefits of seven pensioners and 12 deferred members. Legal advice was provided by Gunnercooke pensions partner an...

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 Industry

L&G launches digital guidance for DC savers

L&G launches digital guidance for DC savers

Guidance will help deliver ‘better outcomes’ in retirement for firm’s DC members

Holly Roach
clock 30 August 2024 • 1 min read
Aptia launches all colleague share plan

Aptia launches all colleague share plan

Firm said share plans are ‘incredibly rare’ in private equity-owned businesses

Holly Roach
clock 30 August 2024 • 1 min read
Professional Pensions: Stories of the week

Professional Pensions: Stories of the week

Fabian Society report, long-term pensions reform roadmap and DB transfer activity

Professional Pensions
clock 30 August 2024 • 1 min read
Trustpilot