August 20, 2017

Archives for September 2016

Defined-benefit pension fund deficits: Who is responsible and who pays for them?

Following the recent collapse of the UK department store British Home Stores (BHS), this topic is again in the media spotlight. Under these schemes, also known as ‘final salary pension schemes’, employee members are entitled to particular benefit levels, predetermined by a formula linking the employee’s salary history, age, length of service and final salary […]