Most UK companies will continue to run final salary schemes in the short-term despite crippling liabilities, research from the Confederation of British Industry and Watson Wyatt reveals.
A large number of businesses have been forced to scrap restructuring plans because of the section 75 employer debt regime, delegates heard.
There are signs the government is meeting some of the challenges facing the pensions industry, the Confederation of British Industry says.
Confederation of British Industry head of pensions Neil Carberry gives the employers' perspective on deregulation and reform following PP's exclusive interview with pensions minister Angela Eagle