US EditionSouth East Water closes £120m buy-in with Just - portfolio institutional
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South East Water closes £120m buy-in with Just - portfolio institutional
The trustees of the South East Water Pension Scheme have secured the benefits of all their members following a second buy-in with Just. The £120m deal covered the longevity risk of 1,000 members and follows a similar agreement between the two parties almost a decade ago. “The de-risking process is now complete and the member benefits secured,” said Geraint Jones, Just’s business development manager. Trustee chair Jo Stimpson added that this is t…
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