JLT scheme agrees second buy-in contract with Pru for £85m

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The JLT UK Group Pension Scheme has completed a further buy-in contract with Prudential to insure £85m of its defined benefit (DB) liabilities.

The transaction, which covers a section of the JLT UK Group Pension Scheme which has assets of £500m and 4,000 members, was structured to enable the company and trustees to secure liabilities at a ...

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