UK - Unions are threatening industrial action at the chemical company Ineos over its decision to halve accrual rates in its final salary scheme.
The threat follows the company’s decision to move employees from six separate defined benefit plans into one final salary scheme, increase their contributions and slash the accrual rates from 1/40t...
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