Tag Archives: pension surplus
Penson Surpluses can now be “tapped” for staff’s best interests
From April 2027, well-funded defined benefit pension schemes will be permitted to pay surplus funds directly to scheme members over the normal minimum pension age where permitted by the scheme rules. This is a welcome measure that has been called … Continue reading
Posted in pensions
Tagged C-Suite, pension surplus, rubber tree, Surplus, tapped, Tapper, William McGrath
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Křetínský’s bid for IDS secures not scuppers Royal Mail’s CDC plan
Those who think that Daniel Křetínský’s bid for his EP Group (Bidco) to take over Royal Mail and stop the CDC scheme had best read the small print of its offer for IDS (Royal Mail’s parent). The RMCPP is the … Continue reading
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Tagged CDC, CWU, Jon Millidge, pension, pension surplus, Royal Mail, Surplus, Terry Pullinger, Unite
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Why have a Surplus Distribution Plan? – Peter Cameron Brown
Those who attended Pension PlayPen’s coffee morning yesterday (24/10) will have been treated to a high-powered discussion on surplus distribution from the panel and from Peter Cameron Brown, Chair of UKAS trustees and a leading figure in financial reporting. Peter … Continue reading