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Lloyds Pension Arm Gets Court OK For Brexit Transfer Plan

By Richard Crump (March 19, 2019, 9:40 PM GMT) -- Scottish Widows, the U.K. pensions arm of Lloyds Banking Group, has won approval from an English court to transfer its European portfolio to a new Luxembourg subsidiary, adding to the list of financial services firms reorganizing their businesses ahead of Britain's imminent departure from the European Union....

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