UK - Land Rover has bowed to union pressure over a proposal to increase employee contributions into its final salary pension scheme.
The motoring company is scrapping plans to raise member contributions by 1.25 percentage points and will “absorb the bulk of the increased costs” of maintaining the scheme. The scheme’s 7000 mem...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders