Dealing with the legacy of pension schemes has been a critical issue for some firms. This study suggests that while they’ve been able to pass on a proportion of costs to their existing workforce who are 'locked-in' to existing schemes, it can trigger a rush for the exit.

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Reviewed by

Mark Beatson

Mark Beatson, Senior Labour Market Analyst, CIPD

Mark's respected labour market analysis and commentary strengthens the CIPD’s ability to lead thinking and influence policy making across the whole spectrum of people management and workplace issues.

Prior to joining the CIPD, Mark was an economic consultant and for over 20 years worked as an economist in the Civil Service, latterly at Chief Economist/Director level, in a range of Government departments including the Department for Business Innovation and Skills (BIS), the Department for Innovation, Universities and Skills (DIUS), the Department of Trade and Industry (DTI) and HM Treasury.

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