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 the

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The future of life insurance

As the world constantly evolves and changes, so too does the life insurance industry, which is preparing for a multitude of challenges, particularly in three areas: interest rates, regulatory mandates and technology (software, underwriting tools and…

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