Bulk annuity transaction fully secures the benefits for all members of the scheme
PP brings together all the people moves in the pensions industry over the past week
Deal secures benefits for 89 deferred members and 52 active members
The deal was completed in January and covers around 300 members
Just Group, K3 Advisory and H&C Consulting worked on the deal
K3 Advisory and Cartwright support deal with large proportion of deferred members
The deal was announced by K3 Advisory and its partner Cartwright
Small scheme succeeds in crowded bulk annuity market with streamlined solutions
Small scheme deal is the first announced 2021 transaction for the insurer
Just Group has completed a £74m pensioner buy-in with the UK pension scheme of a US-listed engineering business.