The TUC's annual PensionsWatch survey is published today and highlights that Directors of the UK's top companies have amassed obscene pension pots worth an average of £3.9 million: http://www.tuc.org.uk/tucfiles/73/
PensionsWatch2011.pdf
PensionsWatch analyses the pension arrangements of 362 directors from the FTSE 100 companies, shows that the average transfer value (pension pot) for a director's defined benefit (DB) pension is £3.91 million - providing an annual pension of £224,121. The biggest pension pot in this year's survey is worth £21.5 million.
The survey shows that the average director's pension is 23 times the average occupational pension (£9,568), and 34 times bigger than the average public sector pension (£6,497).
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