Aviva has confirmed plans to close both the Aviva and RAC final salary schemes to future accruals.
The 7600 employees affected will be consulted on proposals to switch to the firm's staff money purchase arrangement from April 1, 2011. There are no changes for retired and deferred members. Avi...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here
