Corus is to close the defined benefit British Steel Pension Scheme to new members.
The steelmaker made the announcement as part of cost cutting measures - which included the loss of 3500 jobs worldwide - including 2500 in the UK. Corus, a subsidiary of India's Tata Steel, said ...
To continue reading this article...
Join Professional Pensions
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date
