The Financial Services Authority has proposed to shut its defined benefit scheme to future accruals in a bid to cut costs.
The financial regulator's business plan revealed it will consult with current members of the final salary scheme "with a view to ceasing future accrual within that section from April 2010". The formal...
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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.