The trustee of the Dairy Crest pension scheme has accepted a reduced schedule of recovery payments in recognition of investments made by its sponsoring employer that will strengthen its covenant.
The revised recovery plan, announced in the cheese maker's final results for the year to the end of March, will see the firm pay £13m in each of the next two years and £16m the following year. Dairy...
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