Welfare Reform on the Web (October 2008): Pensions - UK

Pensions to face downgrade

Press Association

Financial Times, Sep. 4th 2008, p. 4

Research by the Association of Consulting Actuaries has found that when the government introduces personal pensions accounts in 2012, 31% of small companies (employing up to 250 people) think they will either reduce their pension scheme benefits or close their pension scheme altogether.