Investments
Following the completion of the buy-in transaction with the life assurance company JUST Retirement Ltd on 12th March 2020, the scheme’s liabilities are insured in full with JUST.
While the buy-out is in progress, payments under the buy-in policy are made to the fund which then pays pensions, tax free lump sums and transfer values directly to members.
Following the completion of the buy-out, individual life assurance policies will be issued by JUST in the name of the members.