MNOPF to launch industry-wide DC scheme
The Merchant Navy Officers' Pension Fund (MNOPF) is set to launch an industry-wide defined contribution (DC) scheme for officers and ratings in the Merchant Navy.
The fund, which will be called the Ensign Retirement Plan will replace the Merchant Navy Officers' Pension Plan (MNOPP) which was set up when the MNOPF closed to new members in 1996. MNOPF chief executive...
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