NEARLY a third of charities with final-salary schemes have deficits greater than reserves, research indicates.
A joint survey by First Actuarial and Chantrey Vellacott DFK revealed that 32pc of charities with final-salary pensions had deficits that surpassed current funds. A further 18pc had deficits of more than...
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