The Daily Mail and General Trust (DMGT) has agreed a plan to tackle its pension deficit by making payments of £34m a year with additional contributions if it engages in share buy backs.
The newspaper publisher will pay approximately £34m a year to 2020, £28m a year to 2022, and then £23m each year until 2026. Additionally, a contribution equal to 20% of any share buy backs will be...
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