Firms make flex plans
UK - Over half of FTSE350 firms have plans to integrate their pension schemes into a wider flexible benefits programme, a new survey shows.
The research – carried out by Towers Perrin – shows that 51% of respondents plan to merge their schemes into a flex package within the next three years.
Partner Peter Routledge added: “The high level of interest in offering cash instead of a pension plan is a direct consequence of the current move to individual employee responsibility.”
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