UK - The Pensions Protection Fund is further bad news for defined benefit schemes, employee benefit consultant Chase de Vere warns.
The firm said the new compensation fund will prompt more employers to close their final salary schemes. Head of corporate marketing Jim Aitken said: “This is further bad news for DB schemes whic...
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