Articles tagged "final salary schemes"

Pension blackhole overshadows BT results

News
Stronger third-quarter profits at telecoms giant BT were today overshadowed by concerns over its record £9 billion pension deficit.

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Pensions: are private sector workers hard done by?

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The widening gap between private and public sector pension provision puts the country at risk of social division and unrest, experts warn.

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RBS caps final salary scheme

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RBS is to scale back its final salary pension scheme to cut costs - just months after former boss Sir Fred Goodwin walked away with a £342,500 annual pension for life.

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Fears of pension contribution freezes

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As American Express suspends pension contributions for 18 months, a new report reveals that pension deficits have risen to the highest levels ever seen.

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