UK - City analysts have accused retail giant J. Sainsbury of short-changing its pension scheme members.
They claim actuarial assumptions were manipulated to maintain a surplus. And they say members of the £2bn J. Sainsbury Pension and Death Benefits Scheme were short-changed because the firm reduced ...
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