Insurance Age

Marsh in staff pension consultation

Face-to-face meeting
    • Andrew Pearce

    • Indicative reading time: 1 minute

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Broker insists it is "strongly committed" to providing staff with a competitive pension.

Marsh is consulting on switching staff from defined benefit to defined contribution pension schemes, Insurance Age can reveal.

The broker confirmed it is currently weighing up switching all salary brackets across to defined contribution set-ups.

Insurance Age understands that some nine years ago new-starters and graduates were automatically put on defined contribution schemes.

But the consultation underway at the moment is looking to switch over the remainder of staff. 

Consulting
A Marsh

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