Lehman Brothers FSD case settled

clock

Members of the Lehman Brothers Pension Scheme will receive their benefits in full after a £184m settlement was reached in the six-year legal battle that followed the firm's bankruptcy.

The Pensions Regulator (TPR) announced today the 2,500-member scheme would secure a full buyout and avoid the Pension Protection Fund (PPF). This comes after the watchdog's determinations panel ...

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 Law and Regulation

Professional trustees – a long-overdue review

Professional trustees – a long-overdue review

Ian McQuade looks at why the consultation matters and sets out four steps for reform

Ian McQuade
clock 29 October 2025 • 4 min read
Omission may leave trustees unable to select CDC as guided retirement option

Omission may leave trustees unable to select CDC as guided retirement option

Retirees could be defaulted into annuity purchase default over CDC at retirement

Jonathan Stapleton
clock 24 October 2025 • 1 min read
Torsten Bell: Leave aside cynicism and get on with the job of making CDC work

Torsten Bell: Leave aside cynicism and get on with the job of making CDC work

Minister says CDC has important role in task of finishing pensions settlement

Jonathan Stapleton
clock 23 October 2025 • 4 min read
Trustpilot