RANK GROUP is set to transfer its defined benefit pension plan's assets and liabilities to an insurer.
The firm announced in a trading update statement that it is in active discussions with a number of interested parties. It said it will update the market on the outcome of the discussions when appropriate....
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