British Midland Airways' pension scheme is poised to entered into Pension Protection Fund assessment after the parent company Lufthansa agreed to sell the struggling airline to International Airlines Group.
The Pensions Regulator has approved the deal after blocking a previous proposal which would have seen liabilities from the scheme remain with the Lufthansa group after the disposal. Under the agreement...
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