The EU's new Pensions Directive introduced last week will increase pension scheme transparency, acco...
The EU's new Pensions Directive introduced last week will increase pension scheme transparency, according to Mercer Human Resource Consulting. It says that adopting the new rules could result in companies having to tell their members how much of their "promised" benefit they would receive if the scheme was wound up. The Directive requires all member states to examine their pensions legislation. In the UK, this will mainly affect the interpretation of information on security of benefits. As a result, pension scheme members will have the right to receive information a...
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