AA president pledges to keep DB scheme on the road

clock

The AA has today launched an employee consultation over changes to its final salary pension scheme.

AA president Edmund King told BBC Radio 4 this morning it was "good news" the AA was able to keep open its defined benefit scheme when other companies were making more drastic changes, or closing t...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • 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

Join now

 

Already a Professional Pensions
member?

Login

More on Defined Benefit

Isio launches small to mid-sized DB scheme buyout service

Isio launches small to mid-sized DB scheme buyout service

PenUltimate designed to help schemes overcome ‘operational bottlenecks’ on the journey to buyout

Martin Richmond
clock 27 January 2026 • 2 min read
DB transfer values remain steady in Q4 2025, XPS finds

DB transfer values remain steady in Q4 2025, XPS finds

XPS says Transfer Value Index saw ‘greater stability’ in H2 2025 compared to H1

Martin Richmond
clock 26 January 2026 • 1 min read
Northumbria University staff vote for strike action over pension plans

Northumbria University staff vote for strike action over pension plans

UCU says university’s plans to move staff to USS is ‘attack on long-term retirement security’

Martin Richmond
clock 26 January 2026 • 2 min read
Trustpilot