News Tag: offload
August 24, 2009
Shares in Lloyds Banking Group rose today on the back of reports that it is in talks to offload its Clerical Medical Unit to Clive Cowdery's Resolution for up to £4 billion.
Lloyds acquired Clerical Medical when it bought HBOS last autumn.
According to a source, the talks between the banking giant and Resolution ...
Lloyds Banking Group in talks to sell Clerical Medical unit to Resolution
by Kay Murchie
May 8, 2008
According to actuarial consultancy, Lane Clark and Peacock (LCP), some of the UK's largest employers are likely to offload their pension schemes during the next 12 months.
LCP said the number of companies offloading their pension schemes to insurers has escalated over the last 6 months and the trend looks set to continue.
The pension buyout market in 2008 will exceed £10 ...
Large employers set to offload pension schemes
by Kay Murchie
