Carillion scheme inks £15m full scheme buy-in with Just

All member benefits are now insured, after scheme sponsor entered liquidation in 2018

Holly Roach
clock • 1 min read
Carillion scheme inks £15m full scheme buy-in with Just

The trustees of the Carillion Group of the Electricity Supply Pension Scheme have completed a £15m full scheme buy-in with Just Group.

  This comes after the scheme entered the Pension Protection Fund (PPF) assessment process in 2018 after its sponsor, Carillion Group, entered liquidation. The PPF+ buy-in transaction secures...

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

Holly Roach
Author spotlight

Holly Roach

News Editor at Professional Pensions

View profile
More from Holly Roach

Clark & Butcher scheme secures £2m buy-in with Just Group

Origo completes pensions dashboards integration testing

More on Risk Reduction

Clark & Butcher scheme secures £2m buy-in with Just Group
Risk Reduction

Clark & Butcher scheme secures £2m buy-in with Just Group

Deal secures the benefits of 15 pensioners and eight deferred scheme members

Holly Roach
Holly Roach
clock 28 March 2025 • 1 min read
'Massive' queue of schemes looking to buyout, Hymans says
Risk Reduction

'Massive' queue of schemes looking to buyout, Hymans says

Industry panel says growth in market has led to an increase in schemes looking to buyout

Martin Richmond
Martin Richmond
clock 28 March 2025 • 2 min read
Six BPA insurers wrote deals of more than £5bn for first time last year
Risk Reduction

Six BPA insurers wrote deals of more than £5bn for first time last year

LCP says last year ‘most competitive year ever’ for BPA insurers

Jasmine Urquhart
Jasmine Urquhart
clock 27 March 2025 • 2 min read
Trustpilot