Standard Group UK scheme completes £26m buyout with Just Group

Bulk annuity transaction generates surplus assets for sponsor and scheme’s 107 members

Martin Richmond
clock • 2 min read
Standard Group UK scheme completes £26m buyout with Just Group

The Standard Group UK Pension Scheme has completed a £26m buyout with Just Group.

The bulk annuity transaction, which was completed in a short period of time, and has fully secured the benefits for 107 members of the scheme. The transaction process was initiated after Zedra, ...

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

Essentra Pension Plan completes £104m buy-in with Aviva

Essentra Pension Plan completes £104m buy-in with Aviva

Transaction secures the benefits of both deferred and pensioner members

Holly Roach
clock 25 March 2026 • 2 min read
Panasonic scheme secures £140m buy-in with M&G

Panasonic scheme secures £140m buy-in with M&G

‘Streamlined’ transaction secures the benefits of around 650 scheme members

Holly Roach
clock 24 March 2026 • 2 min read
Phoenix Medical Supplies scheme secures £30m buy-in with Canada Life

Phoenix Medical Supplies scheme secures £30m buy-in with Canada Life

Full scheme buy-in secures the benefits of over 145 pensioners and 80 deferred members

Holly Roach
clock 23 March 2026 • 2 min read
Trustpilot