BUT scheme completes £40m buy-in with Just

Transaction fully insures the benefits for 149 deferred members and 111 pensioners

Martin Richmond
clock • 1 min read
BUT scheme completes £40m buy-in with Just

The BUT Retirement Benefits Scheme has completed a £40m buy-in with Just Group.

The bulk annuity transaction for the scheme has fully secured the benefits for all scheme members, including 149 deferred members and 111 pensioners. Buck served as lead transaction adviser, whi...

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

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Risk Reduction

Rolls-Royce secures full buyout with PIC nine months after £4.3bn buy-in

Rolls-Royce secures full buyout with PIC nine months after £4.3bn buy-in

Transaction covers 36,000 members and follows a full buy-in last August

Holly Roach
clock 15 July 2026 • 2 min read
Combat Stress scheme completes £4m buy-in with Just Group

Combat Stress scheme completes £4m buy-in with Just Group

Transaction secures the benefits of 22 deferred members and 17 pensioners

Martin Richmond
clock 15 July 2026 • 2 min read
UK PRT volumes for 2026 expected to be between £35bn and £40bn

UK PRT volumes for 2026 expected to be between £35bn and £40bn

Standard Life says H2 volumes could be driven by larger schemes approaching the market

Martin Richmond
clock 14 July 2026 • 3 min read
Trustpilot