News

  • News

    Rothesay Life announces completion of a full risk transfer with Radius Systems

    6 April 2011

    Rothesay Life is pleased to announce completion of a "full risk transfer" transaction with the trustees of the pension fund sponsored by Radius Systems, the leading manufacturers of pipes and related products.

  • News

    Paternoster completes sale to Rothesay

    12 January 2011

    Further to the press release of 10 December 2010, Paternoster today announces the successful completion of its sale to Rothesay. Following the conclusion of an extensive sale process and satisfaction of the relevant conditions, Rothesay has acquired all of the shares in Paternoster.

2010

  • Press Coverage

    Goldman unit wins Paternoster auction

    31 December 2010

    A majority of shareholders has agreed to sell their stake to Rothesay, a UK-based Goldman unit, subject to regulatory approval and other conditions, Paternoster said in a statement late on Friday.

  • News

    Paternoster concludes sale process

    10 December 2010

    Paternoster today announced that, following a sale process, shareholders holding a majority of shares have entered into an agreement pursuant to which they intend to sell their shares to Rothesay, subject to regulatory approval and certain other terms and conditions.

  • Press Coverage

    Goldman eyes up Paternoster

    30 October 2010

    The bank is one of a number of potential bidders circling the pensions specialist, which is at the centre of a shareholders' dispute

  • Press Coverage

    BA strikes deal to offload pension risk

    30 July 2010

    British Airways has inked a deal with the insurance arm of Goldman Sachs to offload £1.3bn of pension risk in a bid to clear the final hurdle in its merger with Iberia.

  • News

    Rothesay Life announces £1.3bn pension buy-in deal with BA's Airways Pension Scheme

    2 July 2010

    Rothesay Life, one of the UK's leading life insurers specialising in providing de-risking solutions to the pension scheme market, today announces the insurance of £1.3bn of pension liabilities of the Airways Pension Scheme, one of the two defined benefit pension schemes sponsored by British Airways.

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