PricewaterhouseCoopers has developed a new "reservoir fund" which will allow sponsors access to scheme surpluses and give trustees funding security.
PWC partner Raj Mody – speaking at a trustee conference held by National Association of Pension Funds and Pensions Management Institute – said the fund allowed firms to access surplus cash because it did...
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