BT shares fell 5p to £252.5p yesterday after fears were raised that its £38bn pension fund would need a further cash injection following equity market falls.
Morgan Stanley said the fund could need a cash injection on top of the £850m that was paid into the fund last autumn. Dresdner Kleinwort estimated the fund had seen a £2.1bn surplus in September last...
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