Just Group complete deal with the BUT Retirement Scheme & more…Keep up with what has been happening this week in our latest actuary news round-up…
Just’s proprietary Bulk Quotation Service triggers decisive action. Buy-in transaction secures benefits of all members. Scheme will now proceed to full buy-out.
Hymans Robertson Investment Services (HRIS), a leading DFM, has made five new appointments to its team. Each new team member brings a wealth of experience to their respective roles in either relationship management or portfolio management. They have been hired to help fulfil the needs of the firm’s growing list of clients and to ensure it continues to meet its ambitious growth targets.
Legal & General Assurance Society Limited (“Legal & General”) today announces that it has agreed a fourth and final buy-in policy with the British Steel Pension Scheme (“the Scheme”), totalling £2.7 billion, under which the remaining 40% of liabilities were insured. Legal & General has now insured £7.5 billion of the Scheme’s liabilities, securing the benefits of all c.67,000 retired and deferred members.
Jordan Irvine has joined Aegon Asset Management’s six-strong UK and Ireland institutional business as a client director.