THE PENSION Protection Fund has unveiled the scaling factor enabling schemes to calculate their levy bills for 2007-2008.
The lifeboat fund said the scaling factor ¬– which has been set at 2.47 – will ensure that the total collected will come as close to the original estimate of £675m as possible. However, the PPF said...
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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.