The Royal Bank of Scotland Group pension scheme may use more than £800m of taxpayer cash to shore up the funding position of its pension fund.
In the company's annual report, the funding position of its defined benefit scheme declined from a surplus of £340m to a deficit of almost £2bn. The report showed the company would make a cash contribution...
Jonathan Stapleton asks whether newly-accredited professional trustees should be a statutory fixture on pension scheme boards.
Savers are being warned by the Insolvency Service to guard their pension pots from investment scammers and negligent trustees as it winds up 24 companies.
Respondents say they should only be required in certain situations as the system is not broken.