Just and Stantec Pension Plan complete buy-in deal

The full buy-in transaction was signed in December for an undisclosed sum

Holly Roach
clock • 2 min read
The trustees were advised by Broadstone Consultants & Actuaries and DLA Piper
Image:

The trustees were advised by Broadstone Consultants & Actuaries and DLA Piper

Just Group has completed a transaction with the Stantec Pension Plan UK to purchase a bulk annuity contract for a section of its defined benefit scheme.

The transaction - agreed in December 2021 for an undisclosed sum - secures the benefits for 640 deferred and pensioner members of the ‘treatment section' of the plan. Just Group plans to work wi...

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