KBPR reposted this
We are delighted to announce the successful completion of a £12m full scheme buy-in for the Charities Aid Foundation (CAF). The deal completed in June 2024, with Just Group plc, and consisted of 64 pensioners and 155 deferred members. Thomas Crawshaw, Senior Actuarial Consultant at K3 Advisory, commented: "This scheme had some unique elements that needed careful handling, including flexibilities in the benefit structure which needed to be covered in a way that the Trustees were happy to support. Despite the complexities of this transaction, we made it work through our deep market knowledge and collaboration with the other expert advisors on this deal.” #DBpensions #bulkannuities #buyin #K3 https://lnkd.in/epN3hkNh
