UK - British Aerospace has agreed to take on a greater share of its pension schemes' deficit and increase contributions over the next three years.
The company’s proposals are outlined in an internal memo sent to employees which was passed on by a source. The memo said: “The company’s final position aims to offer both the business and membe...
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
