Pensions minister Steve Webb has created a working group to consider reforming multi-employer defined benefit schemes to help charities struggling with liabilities.
This comes after Northern Ireland peace charity the Spirit of Eniskillen collapsed under the weight of its spiralling scheme liability (PP Online, 4 April). Webb said charities that are members of multi-employer...
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