Major schemes mull suing Lloyds directors

clock

Three of the country's largest schemes are in "well-advanced" talks to join a suit against Lloyds TSB directors for misleading investors over the Halifax Bank of Scotland merger.

Shareholder group Lloyds Action Now is close to filing a case in the High Court against the Lloyds directors who chaired the bank at the time of the HBOS takeover. LAN hopes to appoint McGuireWo...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Defined Benefit

Partner Insight: The Incredible Bulk - Smashing the 300 Barrier in 2025

Partner Insight: The Incredible Bulk - Smashing the 300 Barrier in 2025

Martin Bird, Senior Partner and Head of Risk Settlement, Aon
clock 18 December 2025 • 5 min read
Partner Insight: Unlocking the value of surpluses - The implications of Aberdeen's landmark deal

Partner Insight: Unlocking the value of surpluses - The implications of Aberdeen's landmark deal

Bina Mistry and Mark Daniel at WTW
clock 18 December 2025 • 3 min read
Partner Insight: Unlocking opportunities - How trustees are navigating surplus reforms and embracing buy-in strategies

Partner Insight: Unlocking opportunities - How trustees are navigating surplus reforms and embracing buy-in strategies

The UK’s DB pensions landscape is entering a transformative phase

Claire Altman, Managing Director of BPA & Individual Retirement at Standard Life
clock 18 December 2025 • 3 min read
Trustpilot