UK - Members of the £24.8m Richardsons Fertilisers Pension Scheme will receive just 20% of their pension savings.
Around 200 former workers were told of the payments a year after their employer collapsed. They were told “funds had been expended in the winding up process to clear a £15.6m deficit”. The sc...
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