Sentences with phrase «trust pension deficits»

Not exact matches

And while the deficit remains with academy trusts, several pension experts said the government would ultimately have to cough up should a trust collapse without a new sponsor — something described as a «extreme circumstance» by John Wright, head of public sector at pensions firm Hymans Robertson.

Academies Enterprise Trust, the country's largest academy chain, has a pension deficit of # 68.6 million, down from # 71.9 million the previous year, when nine of its academies were merged, closed or moved to other trusts.

A long - running squabble over a pension deficit has seriously delayed a major multi-academy trust from taking over a failing school.

Schools Week revealed last week that poor investment returns on pensions for support staff have left many multi-academy trusts with deficits amounting to tens of millions of pounds.

«The BT case illustrates the extent to which options available to manage a pension scheme and its deficit are often dictated by the precise wording in the pension scheme trust deed and rules, often wording that was put in place decades ago,» she said.