PUBLIC sector pension liabilities have increased by £50bn in the last year, latest government figures reveal. The combined liabilities of six of the seven biggest public sector schemes - including civil servants, teachers and judges - rose from £276.6bn to £327.3bn - the government's 2005-06 resource accounts showed.
The accounts for the civil service pension scheme reveal liabilities rose 20pc to £100.9bn while the Teachers’ Pension Scheme liabilities increased 19pc to £143bn. Watson Wyatt senior consultant Stephen...
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.
Malcolm Mclean says getting the channels of communication right and engaging more openly is a good starting point