Just Group

This week’s top stories include Axa’s deferred longevity swap with Hannover Re, and Capita’s restructuring plans for simplifying the business.

Just Group completed 23 buy-in and buyout transactions at a total volume of £1.5bn over the course of 2020, according to its annual results.

Hub Financial Solutions, the corporate solutions and advice business of Just Group, has formally launched an automated retirement advice service in a bid to offer a personalised offering to retirees.

The increase in financial scams during the last 12 months has promoted calls from all corners of the pensions industry for better support for savers.

Those who could benefit most from Pension Wise guidance are most likely to miss out on it, according to Just Group analysis of Financial Conduct Authority (FCA) research.

Pension Wise is delivering double the number of appointments to pension savers in some regions of the UK than in others, a freedom of information request submitted to the Money and Pensions Service (Maps) reveals.

This week’s top stories included the launch of Scottish Widows’ ESG exclusions policy, while Deloitte acquired the admin and actuarial business of Kerr Henderson.

The Baker Hughes (UK) Pension Plan has secured approximately £100m of liabilities through a buy-in with Just Group.

Simpler retirement ‘wake-up packs’ are not encouraging pension savers to take up free guidance, according to the Financial Conduct Authority (FCA).

Just Group has completed a £340m buy-in with the Ibstock Pension Scheme in the insurer’s largest ever bulk annuity transaction.