Hints and tips:
...In November 2015, Nick Vickers, head of financial services at Kent county council, wrote a report for the pension board outlining the ramifications of a UK government plan to merge local authority schemes...
...But standing in the way of any deal is a legacy £15bn pension fund that Tata — and the scheme’s trustees — want to detach from the business to boost its chances of survival....
...A shutdown of Port Talbot would reduce the number of active contributors to the pension fund by 4,700. The fund has liabilities of about £15bn and a widening deficit that is already £485m....
...an elite board comprised of career financial professionals....
...Cary, a veteran pension attorney and board representative for the Transport Workers Union Local 100....
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