UK - Car manufacturer Nissan will give its UK employees a choice of pension provision from September. Staff choosing to stay in the final salary scheme will be able to retain current benefits by paying a slightly higher contribution rate or maintain contributions and accept a change in accrual rate.
Alternatively, employees can join a new DC scheme from August 1.
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
