FTSE 100 directors amass £3.6m each in pension pots

The average pension paid from a private sector final salary scheme is £5,860 per year for the rest of the workforce, according to figures from the National Association of Pension Funds (NAPF). The commission's latest report, Directors' Pensions: In it for themselves?, found 97% of executive directors in FTSE 350 companies have formal company sponsored pensions, compared to just a third of all UK private sector employees. More than a third of FTSE 100 executives also receive supplements worth on average £160,817 on top of their pensions, the report said. "Companies have been busy cu...