Company schemes face fivefold rise in levies; Michelin to close pension scheme; Hedge fund survey reveals lower gearing; Hargreaves Lansdown float could raise £178m
Company schemes face fivefold rise in levies The Telegraph (pg B8) Some schemes will pay five times as much in levies to the Pension Protection Fund as last year according to Watson Wyatt. Michelin...
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