The British Steel Pension Scheme (BSPS) trustee has shown the government "compelling evidence", arguing it can pay modified benefits indefinitely on a low risk basis outside the lifeboat fund.
The comments from trustee board chairman Allan Johnston came as the government is considering its response to the consultation on controversial changes to the BSPS to avoid it having to go into the...
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, 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
