Dividend pension shock

Pow, Helen
May 2009
Money Marketing;5/14/2009, p26
The article reports on the implications of the passage of Pensions Act 2008 in Great Britain. Watson Wyatt Worldwide states that upon the enactment of the bill Parliament was assured that individuals or firms will not be given any contribution notices, however, notices is already considered by local officials. John Ball, head of defined-benefit pension consulting at Watson, noted that the notices could create loopholes and danger for companies that could affect pension scheme.


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