The Royal Bank of Scotland Group pension scheme may use more than £800m of taxpayer cash to shore up the funding position of its pension fund.
In the company's annual report, the funding position of its defined benefit scheme declined from a surplus of £340m to a deficit of almost £2bn. The report showed the company would make a cash cont...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here
