National Grid has confirmed it is reviewing its two defined benefit pension schemes in an attempt to control the cost of future accrual.
The firm said it had entered into preliminary talks with members and unions, but could not discuss what options were under consideration at this stage. But a spokeswoman denied claims from the G...
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
