A government committee has trashed the use of corporate bond yields to calculate public sector pension liabilities due to the "continuing instability" of annual discount rates.
The Public Accounts Committee, which last week published its final report into government accounts, said the Treasury should move to a flat rate discount to reduce volatility in liabilities, which change...
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