FIRMS are avoiding paying cash into pension schemes because they fear they will not be able to recover contributions if their fund goes into surplus, PricewaterhouseCoopers claims.
The financial services firm said trustees were demanding more cash from sponsoring employers and, under pressure from The Pensions Regulator, increasingly placed a high valuation on scheme liabilit...
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