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IT scheme retirement age equalisation dispute ends up in court

Jack Jones

28 November 2011 •

Phoenix IT Group has clashed in court with trustees of its closed defined benefit pension scheme over the date from which to equalise retirement ages for men and women.

The group argue that retirement ages should be equalised effective from 1997, while the trustees believe this should be calculated from 2005 - a change which could double the scheme's shortfall. ...

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