GOVERNMENT and employee contributions to public sector pension schemes are significantly less than the cost of new benefits being earned, Watson Wyatt claims.
The firm’s analysis of HM Treasury figures has revealed that between 2007/08 and 2010/11, contributions were predicted to be £30bn lower than the accounting value of new benefits built up. Watson Wyatt...
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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.
Malcolm Mclean says getting the channels of communication right and engaging more openly is a good starting point