TUI Travel has agreed with its pension scheme trustees an innovative partnership between the fund and the holiday firm's biggest brands to address its scheme deficit.
The firm is merging four of its six defined benefit schemes and providing the remaining schemes with a limited interest in a partnership set up by the sponsor which holds the Thomson and First Choi...
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
