Balfour Beatty has set up an £85m asset-backed contributions structure to plug the estimated £284m deficit of its defined benefit (DB) pension scheme.
The deal was announced today following recent negotiations between with the trustee over an £85m deficit payment that was originally due in 2015. The infrastructure company has now delayed paying this...
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