UK - The trustees of the Northern Rock pension scheme are seeking meetings with the company's new management team following its nationalisation.
The spokesman said: "Meanwhile [the trustees] are still seeking a commitment to security for the estimated £100m deficit - as far as they are concerned this has not changed."
This follows yesterday's statement by Alistair Darling, chancellor of the exchequer, that the Government's review of two detailed proposals on the table for the ailing bank had found, in the current market conditions, they could not deliver sufficient value for money for the taxpayer.
"Our financial adviser Goldman Sachs has concluded from a financial point of view that a temporary period of public ownership better meets our objective of protecting taxpayers," he said.
"So the Government has therefore today decided to bring forward legislation to take Northern Rock into a period of temporary public ownership."
However, a spokesperson for HM Treasury, told Global Pensions: "Nationalisation does not affect the pension fund as it is separate from the company."
"The government will not be running the company, it will be Ron Sandler. It is a question to be addressed to the new management team of how they run the fund and what they add to the pension pot."
In January, the trustees for the £355m ($693m) pension schemes announced they had been seeking quotes from a number of buyout providers.
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