Professional Pensions
By Owain Thomas
July 31, 2013

DHL has denied it is considering changing or closing its Voyager defined contribution (DC) pension scheme.

However the logistics firm confirmed the DHL Supply Chain arm was consulting with around 3,500 members about the future of its final salary defined benefit (DB) scheme. [EXPAND Read more]

The denial came in response to a statement issued by trade union Unite threatening a ballot for industrial action if the organisation did not reassure the 13,000 members that the Voyager scheme would be retained.

This, Unite feared, would leave employees only able to access the scheme created for auto-enrolment (AE) with contributions at the regulated levels.

At present the Voyager DC scheme offers matching employer contributions at between 3% and 4%.

A DHL spokeswoman told WSB: “DHL Supply Chain is consulting with around 3,500 members of its defined benefit pension scheme and has no plans to make any changes to its Voyager defined contribution scheme, which has more than 13,000 members who are unaffected by this consultation.

“The remainder of employees have been automatically entered into auto-enrolment. However, all were offered the opportunity to participate in the Voyager scheme on joining the company and the scheme remains open to new hires.

“To date we have made auto-enrolment arrangements for 17,000 staff who declined the opportunity to participate in the Voyager scheme. The consultation process will continue with individual affected employees and the trade unions in the coming weeks, when we hope to clarify any concerns raised.” [/EXPAND]