UK - Workers union Amicus said it would do everything in its power "to retain decent pension provision" for IBM UK employees, and accused the technology giant of closing its final salary pension scheme by the back door.
Peter Skyte, Amicus national officer for IT, said IBM was a “highly profitable company” and said pension changes would cause a chain reaction leading to a meltdown in final salary provision for its...
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
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here
