UK - Mercer Human Resource Consulting has warned that the new age discrimination proposals could result in the reduction of pensions benefits in at least a third of pension schemes.
The proposals "could result in employers either being forced to reduce members' benefits or go through the costly exercise of setting up a new pensions trust", said Mercer. The statement referre...
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