Pension study criticises disclosure practice; John Lewis votes to improve final salary pension scheme; Cost of police pensions may mean cull on the front line
Pension study criticises disclosure practice
Financial Times
If employers were allowed to fill deficits in their pension schemes over 20 years, it would cut the annual contribution rate needed by 94pc, according to the Association of British Insurers.
John Lewis votes to improve final salary pension scheme
The Guardian
About 30,000 John Lewis staff will be able to join the group's pension scheme after an overwhelming vote by the retailer's works council.
While most companies are scaling back their pension arrangements to cut costs and risks, John Lewis staff this week voted to improve a scheme already regarded as one of the best available in the private sector.
Cost of police pensions may mean cull on the front line
The Times
Police officers may have to be removed from the front line and their numbers reduced unless ministers help forces to cover the spiralling cost of providing pensions, a senior officer has said.
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