Union members at electronics giant Siemens have voted for a strike ballot over plans to close the firm's final salary pension schemes to existing members.
Around 6000 Siemens staff will be affected by the closure of the schemes, which are to be replaced with a defined contribution plan from January. Trade union Unite said Siemens’ own figures showed...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- 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
