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RBS boss does 'the right thing'

RBS boss does 'the right thing'

Former Royal Bank of Scotland chief Sir Fred Goodwin has done "the right thing" in reducing his controversial pension by £200,000 a year, Chancellor Alistair Darling has said.Sir Fred had already reduced his £703,000 pension by taking a lump sum of £2.7m, and will now receive £342,500 a year.Business editor Robert Peston reports.

BBC | June 18, 2009Watch more videos from BBC

Tags:. .rbs. .pension. .lump. .goodwin. .alistair darling

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