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: Aon UK Risk Settlement Bulletin - Q1 2026

Partner Insight: Aon UK Risk Settlement Bulletin - Q1 2026

Latest edition of the Aon UK Risk Settlement Bulletin is now available.

Aon
clock 11 February 2026 • 1 min read
Aon reappointed to LGPS framework for actuarial, benefit and governance consultancy services

Aon reappointed to LGPS framework for actuarial, benefit and governance consultancy services

Firm reappointed to lots 1 to 5 of the framework for actuarial, benefits and governance services

Martin Richmond
clock 11 February 2026 • 1 min read
WTW predicts risk transfer market could hit £70bn in total volumes in 2026

WTW predicts risk transfer market could hit £70bn in total volumes in 2026

Consultancy’s report finds market is entering 2026 with ‘strong momentum’

Martin Richmond
clock 10 February 2026 • 3 min read
Trustpilot