Scottish Milk scheme completes £42m full buy-in with Just Group

Transaction secures the benefits of 292 pensioners and 160 deferred members

Holly Roach
clock • 2 min read
Scottish Milk scheme completes £42m full buy-in with Just Group

The Scottish Milk Limited Retirement Benefits Plan has completed a £42m full scheme buy-in with Just Group.

The deal with the scheme – sponsored by British farmer-owned dairy co-operative First Milk – secures the benefits of 452 members, consisting of 292 pensioners and 160 deferred members. PwC was l...

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

Holly Roach
Author spotlight

Holly Roach

Deputy Editor at Professional Pensions

View profile
More from Holly Roach

Isio revenue rises by 11% hitting £188m

AMNT co-chair launches 'manifesto' for member-nominated trustees

More on Risk Reduction

The birth of the buy-in: Reflections on 20 years of pension risk transfer
Risk Reduction

The birth of the buy-in: Reflections on 20 years of pension risk transfer

Clive Wellsteed reflects on how the buy-in came into being and why it has become the route of choice for many pension schemes

Clive Wellsteed
clock 15 April 2026 • 7 min read
Time taken to convert from buy-in to buyout increasing due to insurer backlog
Risk Reduction

Time taken to convert from buy-in to buyout increasing due to insurer backlog

Time taken to convert from buy-in to buyout increasing due to insurer backlog

Martin Richmond
Martin Richmond
clock 14 April 2026 • 2 min read
Graham Asset Management pension scheme agrees £1m buy-in with L&G
Risk Reduction

Graham Asset Management pension scheme agrees £1m buy-in with L&G

Transaction is the second completed using Isio’s new framework for micro schemes

Holly Roach
Holly Roach
clock 14 April 2026 • 2 min read
Trustpilot