Co-op retains career average option for AE after major review

clock

The Co-operative Group is set to offer its career average PACE scheme to all workers following a widespread review of its retirement benefits ahead of auto-enrolment.

The business said it would have to enrol around 40,000 of its 100,000 employees who do not currently contribute to a workplace pension from early 2013. Following a review, it said it had decided...

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

Insurer innovation leading to faster DB wind-up, Hymans says

Insurer innovation leading to faster DB wind-up, Hymans says

Insurers are developing pilots to ‘fast track’ journeys from buy-in to buyout

Martin Richmond
clock 16 June 2026 • 4 min read
'Intense' competition driving 'unprecedented' buy-in pricing for DB schemes

'Intense' competition driving 'unprecedented' buy-in pricing for DB schemes

LCP says record insurer capacity has exceeded short-term demand

Holly Roach
clock 09 June 2026 • 2 min read
PPF 7800 aggregate surplus rises by £5.3bn in May

PPF 7800 aggregate surplus rises by £5.3bn in May

Lifeboat fund’s index shows surplus increased to £263.8bn by the end of last month

Martin Richmond
clock 09 June 2026 • 4 min read
Trustpilot