Employers who plan to close final salary pension schemes to existing members have an extra reason to do so no later than 5 April 2012 as a result of government proposals published in August, according to Towers Watson. Where closure is delayed beyond that date, benefits which scheme members...
Employers who plan to close final salary pension schemes to existing members have an extra reason to do so no later than 5 April 2012 as a result of government proposals published this week, according to Towers Watson. Where closure is delayed beyond that date, benefits which scheme members...
Unilever is closing its final salary plan to existing employee members and offering new pension arrangements similar to those introduced for new joiners in 2008.
The company will enter into consultation with its employees in the UK this summer. Under the proposed new arrangements, existing...
Unilever is closing its final salary plan to existing employee members and offering new pension arrangements similar to those introduced for new joiners in 2008.
The company has announced that it will be entering into consultation with its employees in the UK this summer. Under the proposed new...
2011 will be the year when the majority of defined benefit pension schemes are finally closed to employees according to Pension Capital Strategies (PCS). New tax changes which come into effect in April 2011 make it more and more difficult and illogical to include key employees in the membership...
Almost three quarters of defined benefit scheme sponsors expect to focus on reducing investment risk in their pension plans during the next five years, according to a Towers Watson survey of UK chief financial officers and finance directors. Only 17% place a greater emphasis on achieving...
