Final Salary Pension Schemes
February 24, 2015
The safety of final salary pensions has again been thrust into the limelight, with many individuals in their forties and fifties facing up to a 10 per cent reduction in their retirement incomes.
A recent article in The Telegraph highlights that five in six final of these supposedly ‘gold-plated’ schemes in the UK have fallen into difficulty and will face an uphill struggle to pay future retirees a full pension.
The safety of final salary pensions has again been thrust into
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