Three in ten believe employers should be able to renegotiate DB benefits

James Phillips
clock • 2 min read

Almost a third (30%) of pension professionals support employers having more power to renegotiate benefits or reduce accrued rights, research from the Pensions Management Institute (PMI) has shown.

Of those, over two-thirds (77%) said it should be allowed to keep stressed defined benefit (DB) schemes out of the Pension Protection Fund (PPF), while 88% agreed if a funding level fell below a pr...

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James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

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