Royal Bank of Scotland (RBS) has signed an agreement to inject up to £3.5bn into its main defined benefit (DB) pension scheme, in preparation for ring-fencing legislation.
The bank said on Tuesday that it had agreed with the trustees of the main section of the Royal Bank of Scotland Group Pension Fund (the main scheme) to make a £2bn contribution in the second half of the...
Only one third of defined benefit (DB) schemes lengthened their recovery plan end dates in 2019, according to research by Hymans Robertson.
Hargreaves Lansdown has been named as the slowest provider to switch pensions through the Origo transfer service.
Regulatory guidance “could set too high a hurdle” for superfunds, Lane Clark and Peacock (LCP) warns.
Around one in 25 pension schemes have made use of regulatory easements to deficit recovery contribution (DRC) payment schedules, according to The Pensions Regulator (TPR).
Every month, several firms issue trackers of the aggregate defined benefit (DB) scheme funding position. See here for the September 2020 estimates on the various measures…