Employees pulling out of pensions

May 22--Employees have lost faith in saving for the future and are turning their backs on company pension schemes, according to a survey by Hewitt Bacon and Woodrow (HWB). Britain's leading actuarial advisers will reveal this week that for the first time more than half of those eligible to join...

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Bibliographic Details
Published inKnight Ridder Tribune Business News p. 1
Main Author Hunter, Teresa
Format Newsletter
LanguageEnglish
Published Washington Tribune Content Agency LLC 22.05.2005
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Summary:May 22--Employees have lost faith in saving for the future and are turning their backs on company pension schemes, according to a survey by Hewitt Bacon and Woodrow (HWB). Britain's leading actuarial advisers will reveal this week that for the first time more than half of those eligible to join are boycotting their employers' pension offerings.