Just Group plc (GB:JUST) has released an update.
Pick the best stocks and maximize your portfolio:
- Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
- Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks
Just Group plc has announced a significant £1.8 billion transaction to secure pension benefits for the G4S Pension Scheme, marking its largest defined benefit de-risking endeavor. The deal, which involves reinsuring 60% of the investment and longevity risks, highlights Just Group’s capability to manage large-scale pension schemes effectively. This move underscores the company’s strategic growth in the insurance de-risking market, providing robust solutions for pension security.
For further insights into GB:JUST stock, check out TipRanks’ Stock Analysis page.
