The Court of Appeal has upheld a High Court decision to allow four former directors of Granada Group to receive £40m pensions without shareholder approval.
Granada had hoped to remove an unfunded top-up pension promise - made under a secured unfunded retirement benefit scheme (SUURBS) - granted to directors including former boss Charles Allen. The plan...
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