John Turner Construction Group completes buy-in with Aviva

Transaction secures the benefits of 18 deferred members and one pensioner

Jasmine Urquhart
clock • 2 min read
Broadstone advised on a deal with Aviva which secures the benefits of 19 pensioners and deferred members
Image:

Broadstone advised on a deal with Aviva which secures the benefits of 19 pensioners and deferred members

The John Turner Construction Group has completed a full scheme buy-in with Aviva.

The deal, which was completed in March, secures the benefits of 18 deferred members and one pensioner. The deal was completed without additional funding from the sponsor, and full buyout and win...

To continue reading this article...

Join Professional Pensions

  • Unlimited access to real-time news, analysis and opinion from the industry
  • Receive our in-depth monthly magazine in either print or digital format
  • Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
  • Receive important and breaking news stories selected by the Editors in our daily newsletter
  • Hear from industry experts and other forward-thinking leaders
  • Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date

Join now

 

Already a Professional Pensions
member?

Login

More on Risk Reduction

Arqiva scheme secures £204m full buy-in with PIC

Arqiva scheme secures £204m full buy-in with PIC

The deal secures benefits for all the scheme’s deferred and pensioner members

Holly Roach
clock 29 May 2024 • 1 min read
Telereal Pension Plan completes £130m buy-in with Aviva

Telereal Pension Plan completes £130m buy-in with Aviva

Transaction insures DB liabilities of around 500 members

Jasmine Urquhart
clock 28 May 2024 • 1 min read
Risk settlement market 'functioning well' for smaller schemes

Risk settlement market 'functioning well' for smaller schemes

Aon says schemes should have clear strategies, be flexible and plan ahead to get insurance

Jasmine Urquhart
clock 28 May 2024 • 2 min read
Trustpilot