UK - Over half of all final salary pension schemes are now closed to new entrants or frozen, a study by the Association of Consulting Actuaries reveals.
The association’s 2002 Pension Trends Survey also shows that nearly a third of employers are currently reviewing their pension schemes. It finds 42% are trying to reduce spending on pensions while...
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
