Paternoster innovates with buy-out profit share


Pensions buy-out start-up Paternoster has clinched its first deal, acquiring the £7.5 million assets of the Cuthbert Heath Family Plan by creating an innovative approach to profit sharing the mortality of high worth individuals within the scheme, according to GP Noble Trustees who represented the interest of members.

The 30 member scheme for the former Lloyd's underwriting company, which became insolvent in 2002, contained a couple of very large beneficiaries whose share of scheme assets, in

To continue reading...

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: