Smaller schemes may be eligible for a levy reduction but are failing to fill out a simple application form, the Pension Protection Fund (PPF) has said.
Funds which have less than £10m of liabilities and are closed to future accrual are able to use ‘Option Beta' - a way of calculating the levy required while taking account of the amount of deficit recovery...
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Alan Pickering says politicians should have the freedom to redefine what is meant by 'absolute'
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.