Scandinavian Airlines System secures £61.8m buy-in with Just Group

Transaction secures the benefits of 708 pension scheme members

Holly Roach
clock • 2 min read
Scandinavian Airlines System secures £61.8m buy-in with Just Group

The Scandinavian Airlines System (Investments) Limited Pension and Assurance Scheme has completed a £61.8m buy-in deal with Just Group.

The transaction with the SAS Section of the scheme secures the benefits of 222 pensioners and 486 deferred members. First Actuarial acted as employee benefit consultant on the deal, while Osborn...

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