The part-nationalised Royal Bank of Scotland has cut its pension costs by £144m 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
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
