Vidett secures £66m buy-in for the NICEIC Pension Scheme

Acting as sole trustee, James Double and James Duggan of Vidett supported the Electrical Safety First pension scheme in agreeing a £66m buy-in with Just. This secured the retirement benefits of 237 pensioners and 154 deferred members.

Commenting on the deal, James Double said: “As an independent trustee, the security of members’ benefits is at the heart of what we do. We are thrilled that we have been able to secure this buy-in transaction, in such a busy market. K3 Advisory guided us through our journey smoothly and efficiently.”

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