BAA Pension Trust - the trustee of the BAA Pension Scheme - has appointed Xafinity Paymaster to provide third party administration services for their DB pension scheme covering over 20,000 members.
Until now, British Airports Authority, the company that operates six major UK airports, has administered the pension scheme in-house. A unspecified number of BAA staff will transfer to Xafinity Paymaster...
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