IBM will reduce its trustee membership from 12 to nine as voting opens on Monday (20 February) to elect three member-nominated trustees - one fewer than in previous elections.
The computer giant, which runs two defined benefit plans - the IBM Pension Plan and the IBM IT Solutions Pension Scheme - will reduce the number of trustees by three but keep the ratio of MNTs. By law,...
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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