UK - The 180-year-old London stockbroker Cazenove - which has the Queen as one of its clients - has closed its final salary pension scheme to new recruits.
A spokeswoman said at the end of the last financial year the firm concluded it was best to go down the defined contribution route. Any new employee will have access to the Cazenove Defined Contr...
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