Daily Mail and General Trust has introduced a raft of changes - moving members of its defined benefit scheme to a cash balance arrangement by March 2012.
Benefits accrued before 1 April 2011 will be preserved but delinked from pensionable earnings and future increases will be in line with the Retail Prices Index, capped at 5%. The measures requir...
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