UK tech firm completes £400m full buy-in with Just Group

Transaction covers 2,500 pensioners and dependants and 1,500 deferred members

Holly Roach
clock • 2 min read
The transaction with Just Group insured the benefits of 4,000 members
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The transaction with Just Group insured the benefits of 4,000 members

The pension scheme of a UK technology and innovation firm has completed a £400m full buy-in deal with Just Group, securing the benefits of 4,000 scheme members.

The transaction - which has entirely removed the investment and longevity risk from the sponsor - covers around 2,500 pensioners and dependants and 1,500 deferred scheme members. Mercer acted as...

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