Batt Cables scheme secures £34m buy-in with Just Group

Transaction secures the benefits of 193 deferred members and 71 pensioners

Martin Richmond
clock • 2 min read
Batt Cables scheme secures £34m buy-in with Just Group

The pension scheme sponsored by cable supplier and distribution company Batt Cables has secured a £34m buy-in with Just Group.

The bulk annuity transaction, which was completed in December last year, has fully secured the benefits of the scheme's 193 deferred members and 71 pensioners. The deal was structured in a manner t...

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Martin Richmond
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Martin Richmond

Reporter at Professional Pensions

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