UK - The part-nationalised Royal Bank of Scotland has cut its pension costs by £144m ($230m) compared with the first half of last year.
In its interim results, the bank revealed payments relating to the Royal Bank of Scotland Group Pension Fund had fallen to £260m in the first six months of 2010 - about 36% lower than the first hal...
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date