The £1bn Plumbers Pension Scheme has shortened its vesting period in a bid to help members build a bigger pension pot.
The industrywide scheme now gives all members with at least three months of contributing service a deferred benefit upon leaving. This replaces the previous system which gave those with less than...
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