Vodafone and airline BMI have become the latest big name firms to announce plans to close their defined benefit schemes to future accrual.
Mobile communications giant Vodafone informed staff of its intention to consult on plans to shut its £755m scheme to about 4000 employees. It said responses were due in April, next year. Company...
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