UK - Workers laid off by tractor giant Agco are petitioning the House of Lords over a ruling that allows the firm to slash their pensions.
Last month the Appeal Court ruled that Agco could reduce pension entitlements by 60% if workers chose to draw their benefits earlier than the official retirement age of 65. The ruling overturned a ...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- 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
