The pharmaceuticals giant took a personal approach after listening to members, finds Natasha Browne.
The Bayer Group closed its defined benefit (DB) scheme to new members in 2004. Three years later it removed final salary future accrual for members under the age of 50. It also runs a defined contribution...
Savers are being warned by the Insolvency Service to guard their pension pots from investment scammers and negligent trustees as it winds up 24 companies.
Respondents say they should only be required in certain situations as the system is not broken.
Smart Pension has absorbed more than 6,500 members from the Corporate Pensions Trust (CPT) after its trustees decided not to apply for authorisation.