ELG Metals UK scheme completes £28m buy-in with Just

Transaction secures the benefits of 99 deferred members and 81 pensioners

Martin Richmond
clock • 2 min read
ELG Metals UK scheme completes £28m buy-in with Just

The ELG Haniel Metals Limited Pension and Assurance Scheme has completed a £28m buy-in with Just Group.

The bulk annuity transaction for the scheme has secured the benefits of 180 scheme members, comprised of 99 deferred members and 81 pensioners. The scheme is sponsored by ELG Metals UK, which speci...

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

Strategic run-on market set for influx of new entrants this year, EY report says

Strategic run-on market set for influx of new entrants this year, EY report says

Attractiveness of strategic run-on to grow as concept gains traction

Jasmine Urquhart
clock 17 April 2025 • 3 min read
The real question trustees should be asking – why?

The real question trustees should be asking – why?

Antony Miller asks why innovation in DB consolidation is moving at such a snail’s pace

Antony Miller
clock 16 April 2025 • 3 min read
South East Water Pension Scheme secures £120m buy-in deal with Just Group

South East Water Pension Scheme secures £120m buy-in deal with Just Group

Second transaction with the scheme means all member benefits are now insured

Holly Roach
clock 14 April 2025 • 2 min read
Trustpilot