Find out more about transactions we have completed, key corporate announcements and our charitable activites.
12 January 2011
Paternoster completes sale to Rothesay
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.
31 December 2010
Goldman unit wins Paternoster auction
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.
10 December 2010
Paternoster concludes sale process
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.
30 October 2010
Goldman eyes up Paternoster
The bank is one of a number of potential bidders circling the pensions specialist, which is at the centre of a shareholders' dispute
30 July 2010
BA strikes deal to offload pension risk
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.
2 July 2010
Rothesay Life announces £1.3bn pension buy-in deal with BA's Airways Pension Scheme
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.
30 November 2009
Goldman Sachs insurer in pension deal with CDC
Rothesay Life, the Goldman Sachs-owned insurer, said it would insure pension benefits worth 370 million pounds for private equity firm CDC Group, boosting a long-stagnant pensions derisking market.
17 November 2009
Rothesay Life and CDC Group plc announce 370m pension deal
Rothesay Life, the Goldman Sachs owned insurer, today announces that it has completed the insurance of £370m of liabilities of the CDC Pensions Scheme.
30 July 2009
A new twist for pension buy-out market