Lloyds Bank Covers £5.1B Pension Liabilities With Rothesay
By Joel Poultney ( March 31, 2025, 4:37 PM BST) -- The trustee of two Lloyds Banking Group pension schemes said Monday it has penned two insurance policies totaling £5.1 billion ($6.6 billion) with Rothesay Life PLC to cover the cost of unexpected increases in the life expectancy of their members....
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