THE PENSION Protection Fund is set to raise significantly less money than it expected through the risk-based levy as companies get high invoices amended, Watson Wyatt says.
The actuarial firm said a “surprising” number of its schemes were finding that levy invoices – currently being sent out – were higher than expected despite having taken a great deal of care in making sure...
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