Technology and engineering firm GKN has agreed a £30m per year asset-backed payment with the schemes trustees to tackle its £499m deficit.
In its interim report, the firm said it had implemented a number of actions to improve the funding position of its UK defined benefit scheme prior to the triennial valuation on April 5. It said it would...
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