ENGINEERING firm WS Atkins is planning to close its final salary scheme and replace it with a defined contribution plan.
Trustees have agreed the plans to close the scheme to future accrual in a bid to shore up a £187m deficit. Staff affected will retain the link to final salary for accrued service up to July 1 and receive...
This week's edition of Professional Pensions is out now
Collective defined contribution (CDC) schemes will need clear and transparent governance frameworks, as well as effective communication strategies, to be a success, the Work and Pensions Committee (WPC) has been told.
The aviation sector's constant evaluation of mistakes to improve safety should be applied to defined benefit schemes, as too many are making the same mistakes again and again, latest research shows.
A month of strikes are due to hit 64 universities from tomorrow over major reforms to the Universities Superannuation Scheme (USS).