Pensions Bill 'will cost firms £400m a year''

Posted by Freddy on 11 June 2004 at 06:15:11:

From the Times 11th June 2004

The Pensions Bill, due to become law in November, will set up a new Pensions Protection Fund designed to act as a safety net for members of failed retirement schemes.

Is this another drain on the IBM Pension Fund??