UK - Despite the Pensions Bill empowering trustees to modify future accrual of benefits, trustees say that they will leave it to the new pensions regulator to decide on funding levels if they are unable to reach agreement with employers.
The Pinsents Pensions Survey found that over 60% of those surveyed thought that rather than exercise the new statutory power to modify future accrual of benefits, trustees would leave the new Pensi...
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