Lucite scheme secures £130m buy-in with Just Group

The full scheme buy-in deal secures the benefits of 438 uninsured members

Holly Roach
clock • 2 min read
Lucite scheme secures £130m buy-in with Just Group

The Lucite International UK Pension Fund has completed a £130m full scheme buy-in with Just Group, securing the benefits of 438 members.

The transaction – completed last month and announced today (11 April) – secures the benefits of 156 pensioners and dependants and 282 deferred members of the scheme, which is sponsored by Mitsubish...

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

SPM Plastics Pension Scheme secures £4m buyout with Just Group

SPM Plastics Pension Scheme secures £4m buyout with Just Group

Transaction fully secures the benefits of all 38 scheme members

Holly Roach
clock 21 August 2025 • 2 min read
ABB Plan secures £700m buy-in with Aviva

ABB Plan secures £700m buy-in with Aviva

Transaction secures the benefits of over 4,450 pensioner members and 2,900 deferred members.

Holly Roach
clock 20 August 2025 • 2 min read
Updated: The biggest buy-ins and buyouts since 2007

Updated: The biggest buy-ins and buyouts since 2007

Professional Pensions rounds up the largest block transfers of liabilities to insurers

Professional Pensions
clock 20 August 2025 • 1 min read
Trustpilot