Govt was 'aware' of Goodwin pension fund

Sir Tom McKillop, chair of RBS until it was taken into partial public ownership last year, says Treasury minister Lord Myners was fully briefed on Goodwin's pension arrangements. He claims there was no 'elaborate ruse' to trick the Government, despite ministers claiming they were told the pension was a legally enforceable arrangement. In a letter to the Treasury Committee, McKillop says Lord Myners was made aware of "each element of the proposed terms of departure set out in the remuneration paper, including the pension". Myners was also told the total pension arrangements would be wo...