Pensions age discrimination delay hits redundancy packages

clock •

REDUNDANCY packages may have to be revisited as a result of the postponement of the age discrimination regulations for pensions, Watson Wyatt says.

Although the actuarial firm welcomed the postponement of the pensions aspects of the new legislation from October 1 to December 1, it warned that the delay itself would throw up new problems that e...

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

Join now

 

Already a Professional Pensions
member?

Login

More on Plan Design

Plan Design

GM reaches agreement to provide pension security for Delphi retirees

US - New General Motors has reached a tentative agreement with a union to provide security for retirees who are facing the loss of their pension and healthcare arrangements.

Emma Dunkley
clock 02 September 2009 •
Plan Design

Laying the groundwork

While a number of hurdles still stand in the path of multinationals looking to implement pan-European pension plans, Mercer's Barry D. Mack argues the time is right to start the process

Barry D. Mack, Mercer
clock 10 October 2008 •
Plan Design

Bridging the DC/DB gap

Lorant Porkolab outlines the whys and wherefores of risk sharing in occupational pension schemes, an approach offering a compromise between DB and DC

Lorant Porkolab
clock 29 August 2008 •
Trustpilot