THE PRIVATE sector pensions deficit has reached £500bn, new research shows.
In a study by the Institute of Economic Affairs, actuary Nick Silver said the figure – estimated on a buyout basis – meant many companies which had to wind-up their scheme would be faced with liabilities...
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