UK - There is a growing trend for employers to close final salary pension schemes to new members, with only a third still being open, according to Watson Wyatt.
A survey carried out by the firm revealed that employees with final salary pensions are being asked to pay more and work longer for the privilege of remaining in the scheme. In spite of this, th...
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date