Just Retirement has completed a £36.5m medically underwritten buy-in with a shipping firm and says it is on target to write £80m of bulk annuity business in the year to June.
The deal is believed to be the largest completed so far and the transacting scheme's adviser said a traditional buy-in would have been unaffordable. It represents an increase in activity for the...
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