BT Reaches Deal with CWU to Close DB Scheme
Union to vote on proposals in the coming weeks.
Tag: Defined Benefit
CAAT Pension Plan Hits 118% Funded
CEO says plan is ‘in discussions with several organizations and employee groups’ about joining the fund.
Lockheed Martin to Contribute $5 Billion to Pension in 2018
Move means the company will have no required contributions until 2021.
UK FCA: Less than Half of DB Pension Transfers Studied Receive Suitable Advice
Report finds only 47% of consumers receive appropriate advice on defined benefit transfers.
Newsmakers
International Paper to Make $1.25 Billion Pension Contribution
The move is part of a long-term de-risking program at the company.