Carillion scheme inks £15m full scheme buy-in with Just

All member benefits are now insured, after scheme sponsor entered liquidation in 2018

Holly Roach
clock • 1 min read
Carillion scheme inks £15m full scheme buy-in with Just

The trustees of the Carillion Group of the Electricity Supply Pension Scheme have completed a £15m full scheme buy-in with Just Group.

  This comes after the scheme entered the Pension Protection Fund (PPF) assessment process in 2018 after its sponsor, Carillion Group, entered liquidation. The PPF+ buy-in transaction secures...

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 Risk Reduction

Time to buyout drops to 5.1 years

Time to buyout drops to 5.1 years

Barnett Waddingham’s DB End Gauge Index finds surplus funds could unlock £45bn of value

Jasmine Urquhart
clock 13 December 2024 • 1 min read
Schemes have 'hard balancing act' with endgame investment strategies

Schemes have 'hard balancing act' with endgame investment strategies

Hymans Robertson says there should be ‘collaborative decision-making between sponsors and trustees’

Jasmine Urquhart
clock 13 December 2024 • 1 min read
Clara Pensions announces superfund deal with £210m Wates Pension Fund

Clara Pensions announces superfund deal with £210m Wates Pension Fund

Deal is first superfund transaction to be conducted with an active sponsor

Jonathan Stapleton
clock 12 December 2024 • 7 min read
Trustpilot