Pension Aristocrats ; Top Schemes for State Staff Boom... As Private Ones 'Face Extinction'
Summary
LUCRATIVE private sector final salary pensions are on the verge of extinction with four out of every five schemes now shut to new employees.
Increasing life expectancy, spiralling costs and plunging stockmarkets have forced thousands of employers to close these schemes in the last year.See the full content of this document
Extract
Pension Aristocrats ; Top Schemes for State Staff Boom... As Private Ones 'Face Extinction'
The figures highlight the widening divide between private and public sector workers who enjoy 'gold-plated' pensions funded by the taxpayer.
...See the full content of this document