Tesco Group's net pension deficit after tax increased 30% over eight months to £3.4bn in August, according to the company's interim results.
The deficit, which covers the group's range of defined benefit schemes, rose from £2.6bn as of February 22, up from £2.4bn recorded on August 24 last year. The supermarket attributed the rise to a "significant...
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