UK - Jardine Lloyd Thompson is reducing benefits for members of its final salary pension scheme after reporting a £157m FRS17 deficit.
The employee benefits consultant said it would make “certain changes” to accrued benefits for existing members in respect of future service to combat the “impact” of longer life expectancy and lowe...
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
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here
