A pension scheme is a plan where employees contribute money regularly during their working years, and this money is invested to provide them with an income after they retire. Full definition
A type of pension scheme designed to be good value for money by having low charges, flexible payments. (young-money.org.uk)
With pension schemes in deficit and employers under pressure, trustees will be on the look - out for negligence from solicitors. (legalweek.com)
The youngest members received no such protection and were required to immediately transfer to the new and less generous pension scheme for future service. (dacbeachcroft.com)