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Just Retirement is pleased to announce that it has successfully completed a £95million pensioner buy-in transaction with the defined benefit pension scheme of Galliford Try, the FTSE 250 housebuilding and construction group. The transaction is the latest in a series of steps the pension scheme trustees have taken to reduce risk in their investment portfolio. |
The pension trustees were advised by LCP.
Tim Coulson, Director of Defined Benefit Solutions at Just Retirement said; “After the first quote was issued, we were able to execute the final stage of the transaction in just over 8 weeks. This was only possible due to the disciplined approach from LCP and the trustees of the Galliford Try Pension Scheme.” |
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