UPDATE: Brookfield enters into first UK reinsurance deal as G4S scheme secures £1.8bn full buy-in with Just Group

Insurer’s largest risk reduction deal to date secures benefits for around 22,500 members

Martin Richmond
clock • 4 min read
UPDATE: Brookfield enters into first UK reinsurance deal as G4S scheme secures £1.8bn full buy-in with Just Group

The G4S Pension Scheme has completed a £1.8bn full buy-in with Just Group, the largest de-risking transaction the insurer has completed to date.

The bulk annuity transaction for the scheme, sponsored by security company G4S, has fully secured the benefits of approximately 22,500 members and is the largest buy-in deal completed in the bulk p...

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

Martin Richmond
Author spotlight

Martin Richmond

Reporter at Professional Pensions

View profile
More from Martin Richmond

'Concerning' knowledge gap among UK adults about pensions

Industry expects US tariffs to have adverse effect on scheme investments

More on Risk Reduction

Strategic run-on market set for influx of new entrants this year, EY report says
Risk Reduction

Strategic run-on market set for influx of new entrants this year, EY report says

Attractiveness of strategic run-on to grow as concept gains traction

Jasmine Urquhart
Jasmine Urquhart
clock 17 April 2025 • 3 min read
The real question trustees should be asking – why?
Risk Reduction

The real question trustees should be asking – why?

Antony Miller asks why innovation in DB consolidation is moving at such a snail’s pace

Antony Miller
clock 16 April 2025 • 3 min read
South East Water Pension Scheme secures £120m buy-in deal with Just Group
Risk Reduction

South East Water Pension Scheme secures £120m buy-in deal with Just Group

Second transaction with the scheme means all member benefits are now insured

Holly Roach
Holly Roach
clock 14 April 2025 • 2 min read
Trustpilot