UK - Trade union opposition has forced RMC Rugby Cement to scrap plans to shift 500 employees to a less generous pension scheme.
The firm revealed plans in November to move employees by bulk transfer, which did not require their approval, from the £80m Rugby Group Retirement Scheme into an existing RMC pension fund. The R...
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
