US - Bryn Mawr Bank has announced it will freeze its defined benefit (DB) pension scheme from 31 March.
Under the terms of the plan, the pension fund will be closed to new employees and existing members of the scheme will not continue to accrue benefits, although the bank stressed past accrued benefi...
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