Ceasing accrual

As Tesco consults on the closure of its defined benefit pension scheme, Jon Hatchett, head of corporate DB, Hymans Robertson said: “The intention to close Tesco’s defined benefit pension scheme to...
Only four FTSE 100 companies provide any form of defined benefit (DB) pension provision to new employees: Diageo, Johnson Matthey and Morrisons, which provide cash balance schemes and, Tesco, which...
In its drive to provide greater certainty for its members, the Pension Protection Fund (PPF) has appointed four firms, Dalraida Trustees, HR Trustees, Independent Trustee Services and Open Trustees...
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,...
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,...
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...
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...
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...
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...