Just Group

Transaction secured through preparatory work carried out by the scheme’s trustees

ABI research finds annuity sales reached £5.2bn last year

Transaction secures the benefits for around 100 pensioners and 40 deferred members

DWP issue DB funding regulations, £400m buy-in, WPT consolidated into Cushon

Transaction covers 2,500 pensioners and dependants and 1,500 deferred members

Excess deaths in 2023 were the lowest measured of any year following the pandemic

Insurer reveals it completed 80 risk reduction deals in 2023 which totalled £3.4bn

Full scheme buy-in was completed in August using Aon and Eversheds’ Pathway service

Transaction covers 46 pensioners and 271 deferred scheme members

Just Group report finds many in 1965-81 cohort are supporting adult children or elderly relatives