UK - A shock u-turn by Danish shipping giant Maersk to pay the full pensions of employees hit by its final salary windup has scored praise from the industry and has been hailed as a victory for workers caught in similar closures.
The move marks the end of a year-long battle between Maersk, regulators and around 200 Sea-Land Services Inc Pension Plan members. Ros Altmann, independent adviser on pensions policy, described ...
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