ENGINEERING group Rolls-Royce will pay £500m into its final salary pension schemes if members agree to their closure to new entrants.
The group also plans to increase the level of its contributions into the schemes under a series of proposals designed to plug a £1.3bn deficit. Consultations with representatives of members of i...
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