UK - Rolls Royce workers will have to "take most of the pain" for keeping their final salary scheme open.
The firm wants scheme members to pay 75% of the costs needed to plug a £1.3bn FRS17 deficit in the £3.2bn Rolls Royce Pension Fund. Workers expressed fears in June that the firm would shut the s...
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