Tata Steel UK's intention to close the British Steel Pension Scheme (BSPS) to future accrual has been "raised" in discussions with unions, according to a lawyer close to the matter.
Pitmans director Julian Richards who is consul for the National Steel Co-ordinating Committee, told PP the conglomerate sees the pensions issue as a major obstacle to selling the business. It is understood...
Cannot lobby government
The local government pension pools for the South West and Midlands are actively hiring senior managers to lead and develop the innovative structures.
There is no reason to be pessimistic about the pensions challenge confronting the nation says former Bank of England governor, Lord Mervyn King.
17 providers already involved