The Merchant Navy Officers Pension Fund has secured a £680m buy-in with Rothesay Life.
The insurance policy covers approximately 40,000 members of the scheme's old section, which closed to future accrual in 1978. All members of this section are now covered by bulk annuity policies after...
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