The Brooks Service Group pension scheme has transferred into the Pension Protection Fund bringing the total number of schemes to 100.
This means that the 343 members at the Bristol-based company - which went bust in February 2007 - will now receive PPF compensation, or will do so on retirement. PPF chief executive Partha Dasgupta said:...
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Alan Pickering says politicians should have the freedom to redefine what is meant by 'absolute'
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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.