RBS rebuked over plans to hit members with £18m NI costs

Kristian Brunt-Seymour
clock • 2 min read

Royal Bank of Scotland (RBS) has received backlash over plans to pass £18m of national insurance (NI) costs onto its 27,000 defined benefit (DB) scheme members.

The bank announced its intentions today alongside a public consultation that will run until June 30. The move follows government changes to state pensions, which will see the bank's employer NI ...

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