Ibstock scheme fully insured after securing £190m buy-in

The second buy-in deal between the scheme and Just means all members are now insured

Holly Roach
clock • 2 min read
Ibstock scheme fully insured after securing £190m buy-in

Trustees of the Ibstock Pension Scheme have secured a £190m buy-in deal with Just Group.

This transaction is the second buy-in between the pair following a £340m deal in 2020, and has resulted in all scheme members now being insured. The trustees, the sponsor and Just Group agreed o...

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

TUI agrees £370m buy-in deal with L&G

TUI agrees £370m buy-in deal with L&G

Second deal with the BAL section of the scheme means all member benefits are now insured

Holly Roach
clock 11 February 2025 • 3 min read
LDI crisis caused funding increase for DB schemes

LDI crisis caused funding increase for DB schemes

LawDeb says crisis changed the way financial decisions are made for schemes

Jasmine Urquhart
clock 10 February 2025 • 1 min read
Industry group launches bulk annuity sustainability collaboration

Industry group launches bulk annuity sustainability collaboration

Insurers, advisers and schemes launch initiative to streamline BPA survey processes

Jonathan Stapleton
clock 06 February 2025 • 4 min read
Trustpilot