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

Exploring opportunities for small schemes

Exploring opportunities for small schemes

Professional Pensions talks to Iain Church about market capacity for smaller transactions

Jasmine Urquhart
clock 17 July 2025 • 5 min read
How have new entrants to the bulk annuity market impacted transaction processes?

How have new entrants to the bulk annuity market impacted transaction processes?

Dave Hale assesses the pros and cons of working with a new BPA market entrant

David Hale
clock 17 July 2025 • 4 min read
Honda Group UK Pension Scheme completes £800m buy-in with L&G

Honda Group UK Pension Scheme completes £800m buy-in with L&G

Deal secures benefits of 1,700 retirees and 3,000 deferred members

Jasmine Urquhart
clock 14 July 2025 • 3 min read
Trustpilot