AA plans to launch CARE section as pension deficit grows 37%

James Phillips
clock • 2 min read

AA has launched a consultation with its final salary scheme members to revalue benefits in a career average section.

The proposal is aimed to reduce expected future costs of the firm's UK scheme while maintaining a defined benefit (DB) scheme which remains open to future accrual. If approved, around 2,000 fina...

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James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

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