Honda's UK pension scheme is facing between £47m and £70m in additional liabilities after the Court of Appeal rejected its case over faulty scheme documents.
While the ruling currently means a "significant" number of Honda's UK-based manufacturing workers could receive more generous benefits under the scheme, further litigation may follow. In October...
To continue reading this article...
Join Professional Pensions
- 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