K3 and Cartwright complete £25m full buy-in

The deal was completed in March and covers 93 pensioners

Holly Roach
clock • 1 min read
K3 and Cartwright complete £25m full buy-in

K3 Advisory and Cartwright have completed a £25m full buy-in for the UK operations of a foreign bank.

The deal - which covers 93 pensioners - was completed in March with insurer Canada Life. XPS Pensions Group acted as administrator and actuary for the scheme and legal advice was provided by BDB...

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

Join now

 

Already a Professional Pensions
member?

Login

More on Risk Reduction

CommScope Connectivity UK scheme completes £63m buy-in with Aviva

CommScope Connectivity UK scheme completes £63m buy-in with Aviva

Bulk annuity transaction secures the benefits for all 570 members of the scheme

Martin Richmond
clock 14 May 2025 • 2 min read
AQA Pension Scheme secures £120m buy-in with Rothesay

AQA Pension Scheme secures £120m buy-in with Rothesay

Transaction secures the benefits of 471 pensioner and dependents as well as 398 deferred members

Holly Roach
clock 12 May 2025 • 2 min read
Cancer Research UK scheme secures £280m buy-in with Standard Life

Cancer Research UK scheme secures £280m buy-in with Standard Life

BPA deal secures the benefits of 2,800 scheme members

Holly Roach
clock 08 May 2025 • 2 min read
Trustpilot