Mitie Group is consulting with members of its main defined benefit (DB) scheme over a proposed change to their future pension entitlement.
The pension scheme will remain open to future accrual under the proposed change, with a generally reduced level of future benefit increases, the firm said in its Q3 Interim Management Statement pub...
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date