Fear of pension scheme’s

Story link: Fear of pension scheme’s

Many businesses are worried that pension schemes could have more of a negative affect on their business, than a positive one.

This comes after statistics revealed that around 90 percent of companies expressed they were worried about the affect pensions schemes would have on their business.

Fear of pension scheme’s

Nine out of 10 companies are worried about the impact their pension scheme will have on their business, research showed.

Around 90% of firms that still offer a defined benefit pension said they were concerned that the scheme’s trustees would ask them to increase their contributions to it at a time when they can least afford it.