UK - BAA pension fund trustees have struck a deal with Grupo Ferrovial which will result in improved retirement terms for its members if the takeover by the Spanish construction company is successful.
Although no details of the deal have yet been divulged, a spokesman for the airports group said three elements were agreed upon - security, an increase in employer contributions and a more robust f...
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