THE nationalisation of Northern Rock is "excellent news" for its scheme trustees who faced a deficit of up to £200m, Punter Southall says.
The consultancy firm said the move removed all concerns over security which had existed prior to Sunday’s announcement – noting that the potential shortfall in the scheme had been estimated by the ...
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