Mark Baker of Pinsent Masons suggests the economic turmoil has given scheme-specific valuations an extra level of complication, forcing trustees and companies to become more flexible than ever in these trying times
We all need to stay positive, but you should feel sorry for anyone who is doing a scheme funding valuation at the moment. It was hard enough already for defined benefit (DB) trustees to get to grips...
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This week's top stories included Cardano announcing plans to acquire Now Pensions from a Dutch pension fund later this year.
Royal Bank of Scotland (RBS) faces a £102m impact on liabilities as a result of equalising guaranteed minimum pensions (GMPs), according to its annual results.