Lloyds Banking Group could potentially close its final salary pension scheme to existing employees, as it reviews its total rewards package.
The review includes employees of both Lloyds TSB and HBOS. A Lloyds Banking Group spokesman said: "Following our acquisition of HBOS, we are reviewing our total reward package across the whole gr...
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
