STAFF at Sainsbury's could lose up to 75pc of their pension if they refuse to raise their contributions, a consultant warns.
J Sainsbury Death and Pension Scheme’s 30,000 members were told in April they must increase contributions by an average of 3pc of salary from September to retain their existing benefits. Staff on ...
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