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MyCompanyPension.co.uk - Helping members of occupational pension schemes to better understand their benefits.
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:: Blog | July 2009 (12 blogs) | AMEX: an example of successful pension communication
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Amex: an example of successful pension communication
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The news that American Express is ceasing employer contributions to the group’s stakeholder pension is not too surprising in the current economic crisis. Indeed, it could well be classed as a prudent business measure where cashflow is tight, ultimately saving the business and jobs.
But I wonder how many people are taking time to read beyond the headlines to see that Amex has made a commitment to restart the contributions within 18-months and by no later than 1st January 2011.
Unions and employees went through a consultation process with Amex before any decision was taken. See:
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Mike Jones, MyCompanyPension.co.uk Ltd, July 17th 2009
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