There's been a lot of media attention recently highlighting the growing number of large companies who are closing the doors on their generous final salary pension or defined benefit pension schemes for employees.

There are various reasons for this as firms blame longer life expectancy, low inflation, falling stock markets and increased regulatory burdens, saying it has rendered this type of scheme too costly to administer. All pension benefits you have accrued to date in a final salary scheme are safe - as long as the company is liquid!

Are you worried about the future of your company pension scheme?
What if your scheme, closes to new members, closes to existing members, introduces replacement schemes, is taken over or goes bust???

What options do you have?
There are a number of solutions. Some schemes are set to close or alter their benefits in the future, and therefore it's important to understand your options if your pension scheme does change. Why not see what options you may have? Contact us today and find out if your final salary pension scheme is still on track and performing.

But what does this mean for you?
Recently some companies have taken drastic action with their Final Salary Schemes. For instance, in 2009 several big firms including Barclays, Trinity Mirror and Dairy Crest, closed their final salary company pension schemes to existing members. If this was to happen you'll usually get benefit inflation, depending on the pension scheme details, but you might not accrue further benefits.

.... so what's the alternative? How do I know my pension is performing properly?

Complete the form above to receive Final Salary Scheme advice and see what options you may have.