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Goldman's pensions firm takes on Lehman's pensions

The £675 million deal could boost the retirement income of around 2,400 former Lehman Brothers staff from July

Goldman's pensions firm takes on Lehman's pensions
Photo: Getty Images

The insurance firm founded by Goldman Sachs has taken on Lehman Brothers' UK pension scheme, in a £675 million deal that could boost the retirement income of around 2,400 former Lehman staff from July.

The deal, under which Rothesay Life will take on responsibility for paying pensions to ex-Lehman staff in return for £675 million in scheme assets, is the biggest of its kind announced so far in 2015.

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