Removal firm Pickfords has shifted its defined benefit scheme off its balance sheet via a management buyout following a prepack administration which took place at the end of November.
Unsustainable pensions obligations and the economic climate were the reasons stated for the administration. The firm appointed BDO partners David Gilbert and Danny Dartnail as joint administrators who...
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