IT firm RM has begun a consultation to close its defined benefit scheme to existing members in a bid to limit its exposure to the schemes growing liabilities.
In its preliminary results for the fourteen months to last November, the firm said it had entered into discussions with trustees after conducting a review with its pension advisers. The results revealed...
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