Just Group completes £23m buy-in for the ROM Group Pension & Life Assurance Scheme
The scheme was sponsored by ROM Limited, a specialist reinforcement manufacturer within the construction industry.
Just Group has completed a £23m full scheme pension buy-in with the ROM Group Pension & Life Assurance Scheme.
The scheme was sponsored by ROM Limited, a specialist reinforcement manufacturer within the construction industry.
The transaction, completed in June 2025, insures the benefits of all 249 members, 124 deferred and 125 pensioners.
Mercer was employee benefits consultant and lead broker on the transaction.
Just Group used in-house legal support with legal advice provided to the trustees by Squire Patton Boggs.
Alma Goyanes-Payne, deal manager at Just Group, said: “We are very pleased to have secured the benefits of all 249 members of the Scheme.
“Using our market leading price monitoring and bulk quotation service, Beacon, we closely tracked when the conditions were favourable for the scheme to transact.
“In collaboration with the Trustee and scheme advisers we were able to complete the transaction quickly and efficiently using our streamlined processes.
Related
Just Group completes £4m buy-in for Combat Stress pension scheme
Broadstone advises STS Field Grant Limited Pension Scheme on £5m full scheme buy-in with Aviva
Canada Life completes £48m buy-in with oil and gas sector pension scheme
Report warns workplace pensions could be consumed by rent in retirement
Aegon extends Mylo to 200,000 more workplace pension members
Four in 10 workers doubt their pension will fund retirement, Penfold finds
FCA warns pension firms over value offered by older pension products
Graduate job delays could cost workers £24,000 in retirement savings, Standard Life warns
Workers increasingly unaware where their pension savings are invested, research finds
Pension scheme funding improves in June despite political uncertainty – Broadstone
Rothesay launches dedicated offering for smaller pension scheme transactions
