Trustees must not ignore past underpayments to members in relation to guaranteed minimum pensions (GMP) according to an Allen & Overy lawyer.
Counsel Helen Powell (pictured above) was speaking at a Pensions Management Institute (PMI) seminar on administration, which saw the launch of the Pensions Administration Standards Association's (PASA)...
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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.