Thousands of civil servants throwing away gold-plated pensions
Nearly 20,000 civil servants have abandoned their generous defined benefit pensions in the past five years, The Telegraph can reveal.
Source: yahoo.com
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Nearly 20,000 civil servants have abandoned their generous defined benefit pensions in the past five years, The Telegraph can reveal.
When it comes to pensions, Jeremy Hunt believes big is beautiful.
Defined-benefit pensions still dominant in public sector but have disappeared in the private sector
Some 35% of defined benefit (DB) schemes are still undecided on their endgame objectives despite improved funding positions, research by Russell Investments finds.