Almost a third (30%) of pension professionals support employers having more power to renegotiate benefits or reduce accrued rights, research from the Pensions Management Institute (PMI) has shown.
Of those, over two-thirds (77%) said it should be allowed to keep stressed defined benefit (DB) schemes out of the Pension Protection Fund (PPF), while 88% agreed if a funding level fell below a pr...
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