FTSE100 directors amass £3.6m each in pension pots

clock

The average director of a FTSE100 company has a final salary pension worth £3.6m and paying out £174,963 per year, the High Pay Commission says.

The average pension paid from a private sector final salary scheme is £5,860 per year for the rest of the workforce, according to figures from the National Association of Pension Funds. The comm...

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

Join now

 

Already a Professional Pensions
member?

Login

More on Defined Benefit

Partner Insight: UK Risk Settlement Market – A Look Back Over 2024

Partner Insight: UK Risk Settlement Market – A Look Back Over 2024

Martin Bird, Senior Partner & Head of Risk Settlement, Aon
clock 20 December 2024 • 4 min read
Is consolidation enhancing or eroding service provision to DB schemes?

Is consolidation enhancing or eroding service provision to DB schemes?

Assessing the benefits and shortcomings of industry consolidation

Donny Hay
clock 19 December 2024 • 4 min read
DB transfer values drop to a 12-month low in November, XPS finds

DB transfer values drop to a 12-month low in November, XPS finds

XPS says Transfer Activity Index has remained ‘broadly flat’ throughout 2024

Martin Richmond
clock 19 December 2024 • 1 min read
Trustpilot