The Shop Direct Group is consulting with staff on proposals to close the Littlewoods Pension Scheme to future accrual from 31 December this year.
The group, along with sister companies Yodel and Transactis, will be offering affected employees the opportunity to join a Standard Life stakeholder scheme. Those joining the stakeholder plan will ...
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