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Rothesay Life, Radius PF In £100M Buyout
Goldman Sachs’ insurance arm, Rothesay Life, has conducted its first below £100 million buyout with the Radius Systems pension scheme.
Goldman Sachs’ insurance arm,Rothesay Life, has conducted its first below £100 million buyout with theRadius Systemspension scheme,Professional Pensionsreports. Rothesay Life acquired all the liabilities of the pipe manufacturer’s scheme.
In March, the trustees of the Radius Systems scheme moved the entire pension liabilities to a Rothesay-sponsored pension trust.Law Debentureis the trust’s sole trustee.
Click here for the story fromProfessional Pensions.