The Graham Asset Management Pension and Life Assurance Scheme has finalised a £1m buy-in with L&G, securing the benefits of 13 deferred and pensioner members.
Isio acted as the scheme’s adviser in the transaction, while Osborne Clarke provided legal advice to the scheme.
On behalf of the scheme’s trustees, Alistair McDonald, said the deal represented “a significant de-risking step for the scheme and its members”.
McDonald continued: “Use of Isio’s streamlined service and advice from our advisers, enabled the trustees to react quickly to favourable market conditions and secure improved long-term security for members' benefits.”
After the appointment in November 2025, Isio undertook data cleansing and preparation for buy-in, enabling the scheme to move quickly towards securing members’ benefits with L&G.
Isio, senior manager, Diane Cadden, said: “By applying our end-to-end methodology and working closely with all parties, we were able to help the trustees move quickly to secure members’ benefits while establishing a clear pathway to buy-out and wind-up.”
The transaction used L&G’s price lock mechanism, which provided price certainty during the transaction and allowed the trustees to complete the process efficiently.
L&G, head of origination and execution, institutional retirement, Dominic Moret, said: “Delivering speed, certainty and a smooth experience for members is crucial for smaller schemes approaching their endgame."
