Snowdon Hydro Weir Credit: National Trust John Miller
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National Trust to close final salary pension scheme in bid to manage £116m deficit

30 Jul 2015 | Alice Sharman
Tags: Pensions

The National Trust yesterday announced that it is to close its defined benefit pension scheme to future accrual as of 31 March 2016, following negotiations with its trade union.

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National Trust to close final salary pension scheme in bid to manage £116m deficit

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British Legion hopes to free up £66m in new funds

The Royal British Legion has said it will free up £66m in funds raised from the sale of property over the next three years, to allow it to be spent as unrestricted money, according to its accounts for the year to December 2014.

Cafod’s total income rises by 9 per cent

Catholic Aid for Overseas Development’s total income rose by £4.8m to £56m in the year ending 31 March 2015, according to its latest set of accounts filed with the Charity Commission.

Call centre charity threatened with closure and loss of more than 400 jobs

More than 400 charity sector jobs are at risk after Broadcasting Support Services, a charity helpline provider, went into administration earlier this month.

VSO

International volunteering charity VSO increased its income by 12 per cent over the past year, according to its latest set of accounts.

Charity Finance was (and is) a truly proper read for anyone working in this industry. It was like Daniel himself - decent, informative, full of integrity and with a sprinkling of humour to lighten the load.

» Daniel Phelan: Publisher, editor, social entrepreneur, intellectual

Asthma UK consults on closure of Scotland, Wales and Northern Ireland offices

Asthma UK has launched a staff consultation which may lead to the closure of its offices outside London.

NAO report criticises Cabinet Office for 'weak oversight' of £50m fund

The Cabinet Office has been criticised by the National Audit Office for weak design and poor oversight of a grants programme, after £750,000 was wrongly awarded.

Charity Bank

Charity Bank has announced a rebrand of its online and marketing content to “raise the profile” of the bank and better reflect its mission.

Charity sector faces a £4.6bn income shortfall, says NCVO report

Cuts in government funding will leave the charity sector facing a £4.6bn hole in its finances by 2018/19, according to a report published today by NCVO.

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