Publishing house Johnston Press is seeking a regulated apportionment agreement (RAA) to detach its pension scheme ahead of a company-wide restructure, according to reports.
The company - which publishes the i and The Scotsman - is in talks with the trustees over rescue plans to hand over control to US hedge fund GoldenTree, The Telegraph reported, as it nears a deadline to...
Andy Tarrant says without government backing, the pensions dashboard cannot become the one-stop shop it's intended to be
'Not appropriate to comment'
Proposals for mandatory tendering of fiduciary management services, as well as additional guidance for trustees, have been welcomed by industry commentators albeit with some caution.
Sterling has fallen on the back of inflation figures released this morning, which show the UK Consumer Price Index (CPI) remained steady at 2.4% in June.