Abstract
News that BAE Systems, Europe's largest defence company, is close to a deal with its unions that would reduce its Pounds 2.8bn UK pension liability by Pounds 1.7bn has focused attention on the scale of the crisis in company pensions.
Original language | English |
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Pages (from-to) | 22-22 |
Number of pages | 0 |
Journal | Financial Times |
Volume | May |
Issue number | 7 |
Publication status | Published - 7 May 2005 |
Keywords
- pension and retirement plans
- actuarial services
- stock indexes
- defence industry
- pension funds
- personal finance
- accounting
- UK