ROYAL Bank of Scotland is offering new employees a cash bonus for joining their defined contribution plan in a bid to keep their pensions offering competitive, delegates heard.
Head of group pensions Peter Hurcombe told Pensions Show delegates that the 15pc of salary allowance could either be paid into the new DC scheme or as a lump sum to invest elsewhere. RBS closed its...
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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.