Just Group's bulk annuity sales up 143% in H1

Victoria Tichá
clock • 2 min read

Bulk annuity deals transacted by Just Group totalled £718m in the first half of this year compared to £296m in H1 2017, according to its latest results.

Just Group's half yearly report said this surge in defined benefit (DB) scheme de-risking transactions helped increase total business sales by 56% in the first half of the year compared to the same...

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

Inchcape Motors scheme completes £505m buy-in with L&G

Inchcape Motors scheme completes £505m buy-in with L&G

The deal secures the benefits of 2,295 retirees and 5,890 deferred scheme members

Holly Roach
clock 05 March 2025 • 2 min read
PwC index measures £180bn DB surplus in February

PwC index measures £180bn DB surplus in February

Firm says schemes are ‘reconsidering’ strategies

Jasmine Urquhart
clock 03 March 2025 • 2 min read
CRAC Pension Scheme secures £2.8m buy-in with Just Group

CRAC Pension Scheme secures £2.8m buy-in with Just Group

Deal secures the benefits of 30 deferred members and 10 pensioner members

Holly Roach
clock 03 March 2025 • 2 min read
Trustpilot