Legal Q&A: Closing a pension scheme

Robin Simmons, partner at pensions specialist law firm, Sackers, offers guidance to employers on closing final salary pension schemes. 

Also

Pension scheme numbers continue to decline Occupational Pensions considers The Office for National Statistics' survey of occupational pension schemes, which shows that a large number of employers are closing their DB schemes. 

Growing trend in pensions from defined-benefit to defined-contribution plans Occupational Pensions examines the key findings of the National Association of Pension Funds' annual survey of how private sector employers plan more changes to their pension provision over the next few years. 

Netherlands: Accounting rules "prompt companies to change pension schemes" The introduction in January 2005 of rules for dealing with employee benefits in company accounts has motivated a significant number of Dutch companies to change the nature of their pension arrangements, or prepare plans to do so in the near future.