Speculation arises over TrinityMirror pensions

There
is speculation that the TrinityMirror Group could close its final pension
scheme to new staff after a confidential memo discussing a review was leaked to
the Financial Times.

The
FT claims the memo from Steve Addley, director of HR at TrinityMirror, prefaces
the review with a list of other big companies which have recently closed their
schemes.

The
FT says pensions are a sensitive issue at the group after it found out in 1991
that its owner, entrepreneur Robert Maxwell plundered pension funds.

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The
memo reportedly says that TrinityMirror has "no pre-set conclusions"
in mind when conducting the review.

By Quentin Reade