Photography and broadcast equipment supplier Vitec has closed its defined benefit scheme to existing members.
The company - which also serves the military, aerospace and government (MAG) market - said the cost of the employer contributions necessary to support the ongoing scheme funding were becoming "prohibitive...
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Interserve's numerous defined benefit (DB) schemes have retained a sponsor link after the company entered into administration and was sold.
Chris Hannon has been named chairman of the Railways Pensions Trustee Company after a unanimous vote of approval from its board last week.