Travel agent Thomas Cook has closed its final salary pension scheme to future accrual.
The firm announced in its half-yearly report, published today, that it had reached agreement with trustees to close the scheme as of 31 March 2011. From 1 April, members of the DB scheme have be...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here
