Private pension cuts ‘inevitable’

News update from CFM (UK) Ltd: The chairman of the work and pensions select committee has said that some watering down of promised final salary-style pensions by private sector companies is probably inevitable. Frank Field also suggested that new restrictions on the payment of dividends could be imposed on companies as a way of helping pension trustees to address deficits.

The Morning Account

Posted by Mandy Kemp on June 1st 2016

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