Weekend Press

I’m going to post up articles that I feel are useful for our clients.

In the Sunday Times, there was a good piece on the frightening letters that 10 million people would have received.

It will heap more pressure on employers being forced to consider alternative options for their staff due to the already expensive cost of providing defined benefit schemes and possibly now added pressures from staff and the trustees.

There are of course options and we’d urge our clients to speak to us if they feel their scheme or employer (more importantly) is in trouble. Many final salary or defined benefit schemes has under 100 members and if you are in one of these, you are unlikely to have received one of these letters.

Have a look at the article.
http://business.timesonline.co.uk/article/0,,8214-2382453_2,00.html

Johnny