Summary
ROYAL Bank of Scotland will continue to honour the "emotional contract" made with staff over their pension benefits, despite a growing deficit in the scheme, chief executive Sir Fred Goodwin last night said.
The Edinburgh-based lender is one of an ever-dwindling group of large corporations that still operates a noncontributory final salary pension scheme.See the full content of this document
Extract
Chief Reaffirms Commitment to Honour Pension Fund Benefits
Sir George Mathewson, the bank's outgoing chairman, has emphasised the import...
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