UK - The Northern Rock is considering a buyout of its £355m pension scheme and has received quotes from a number of buyout providers.
A spokesman for the fund said: "The trustees have decided in the current circumstances that it is appropriate to look at various options for the scheme and as part of that they are seeking formal b...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
- 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