UK - The Rolls-Royce pension scheme has frozen its in-house additional voluntary contribution scheme in a bid to curb spiralling liabilities.
The move follows confirmation that the car manufacturer’s scheme holds a £1.1bn FRS17 deficit. Scheme trustees took the action after receiving actuarial advice that it was “not appropriate” to s...
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
