Welcome Break Pension Plan agrees £23m buy-in with Just Group

The transaction secures the benefits of all 348 scheme members

Holly Roach
clock • 2 min read
Welcome Break Pension Plan agrees £23m buy-in with Just Group

The Welcome Break Pension Plan has completed a £23m buy-in with Just Group, securing the benefits of all 348 members.

The transaction – completed in June – insures the benefits of 137 deferred members and 211 pensioners. Mercer was lead broker and employee benefits consultant during the process. Squire Patton B...

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

Traffic jams and roadblocks leaving micro DB schemes in the endgame slow lane

Traffic jams and roadblocks leaving micro DB schemes in the endgame slow lane

Nick Johnson says a joined-up approach gives trustees the best route to insurer engagement

Nick Johnson
clock 13 March 2026 • 3 min read
M&G completes first with-profits BPA and announces £1.5bn of volumes in 2025

M&G completes first with-profits BPA and announces £1.5bn of volumes in 2025

Firm’s full-year results show 65% year-on-year growth in BPA sector

Linus Uhlig
clock 12 March 2026 • 2 min read
Isio completes first PenUltimate Micro buy-in with Godolphin scheme

Isio completes first PenUltimate Micro buy-in with Godolphin scheme

Scheme secured buy-in within seven months of consultant’s appointment

Jonathan Stapleton
clock 11 March 2026 • 2 min read
Trustpilot