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CEOs were 77% less likely to close their firm’s DB scheme if they were a member and trustee of the scheme
Forcing company bosses to join the same defined benefit (DB) schemes as their staff could protect pensions better than the threat of prison sentences for scheme mismanagement, Warwick Business School (WBS) has suggested.
A study conducted by WBS, University of Exeter Business School and Queen Mary University of London examined the 322 publicly-listed UK firms that offered a DB pension scheme between 1999 and 2013. ...
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