CITIGROUP's acquisition of the £200m Thomson Regional Newspaper Pension Fund will "throw the business model" of traditional buyout specialists into doubt, an adviser claims.
In return for taking on any future risk in the scheme, Citi – which will acquire the sponsoring employer in order to get to the pension fund – will keep any surplus when it is finally wound up. And...
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