Just Group plc | Annual Report and Accounts 2024
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our strategy in action
A RECORD YEAR FOR OUR DEFINED BENEFIT DE-RISKING BUSINESS Our defined benefit de-risking business exemplifies the spirit of this year’s Annual Report. We’ve become bigger, better and the future is bright. 2024 was a record year on every level.
Largest ever transaction – £1.8bn Buy-in for G4S Highest value of Total DB De-risking sales – £5.4bn Highest number of transactions completed – 129 The most de-risking transactions completed in a single year by an insurer Highest number of schemes using Beacon, our successful bulk quotation and price monitoring service – over 350.
Cumulatively, we’ve completed over 500 transactions since we launched in 2012, that’s one-in-four deals across the entire market. We are providing outstanding support to pension schemes of all shapes and sizes – big ones, small ones and everything in between. The market has never been brighter and more vibrant, and we have responded with ambition, innovation, focus and discipline to deliver a record-breaking year.
BIGGER. We have increased our scale so we can help more trustees, sponsors and pension scheme members.
BETTER. We’ve invested to add new capabilities into our business, from new talented colleagues to leading edge technology so that we can provide solutions to meet the needs of all schemes.
BRIGHTER. We’re innovating and ambitious to help more members so that we may fulfil our purpose. This requires us to think differently
and push ourselves to break new ground as the results demonstrate this year.
Read more about our biggest deal to date on p20
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