ASSOCIATED British Engineering is holding talks with trustees over severing ties with the defined benefit scheme during wind-up.
ABE chairman David Brown said the company had been in “continual negotiations” with the trustees of the ABE Pension Fund over plans to split the fund, with ABE only retaining obligations for a subs...
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date