The Home Retail Group Pension Scheme has seen its accounting deficit jump from £7.5m to £115.3m over the last 12 months.
The firm, which operates the Argos and Homebase stores, revealed in its full year results that the deficit had been inflated by a reduction in the discount rate and the effect of a pensioner buy-in. ...
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