Waking up to the Pensions nightmare | Features

Who’s got what? 25 companies and their schemes
Company	Contracting turnover (£m)	Pension type	Additional infomation
Bovis Lend Lease	3931	Final salary scheme	Fund in surplus. On “contribution holiday”. Due for review in 2004
Balfour Beatty	2504	Final salary scheme
Amec	2475	Final salary scheme
Skanska	1300	Money purchase for employees under 30 years old. Older employees can join final salary scheme	For money purchase scheme: Skanska contributes 0.6%, 1.6% comes from employee. Final salary scheme designed to provide to give two-thirds of final salary
Mowlem	1200	Final salary scheme	£8m in contributions put into fund by company this year
Carillion	1129	Final salary scheme	Company has pensions website: www.mycarillionpension.com
Kier Group	937	In process of closing final salary scheme, transferring to money purchase scheme	30% of fund held in bonds
HBG/Edmund Nuttall	929	Refused to disclose scheme
Laing	854	See additional information	Since these figures were compiled O’Rourke has acquired Laing, and the members of the final salary scheme have joined O’Rourke’s money purchase scheme
Newarthill (Sir Robert McAlpine)	575	Final salary scheme
Taylor Woodrow	500	Final salary scheme
Mansell	457	In process of closing final salary scheme to new employees, who will instead join a money purchase scheme
Interserve	453	Final salary scheme	Has a “substantial surplus”. On contribution holiday, due for revision in 2003
Birse Group	414	Final salary and stakeholder
Wates Construction	400	Final salary scheme
Ballast	390	Final salary scheme	Company contributed 18% of members’ salary this year
Costain Group	386	Final salary scheme
Norwest Holst	381	Money purchase
Alfred McAlpine	374	Final salary scheme
Bowmer & Kirkland	366	Money purchase scheme
NG Bailey	358	Final salary scheme	Company contributed 12% of members’ salary this year
Galliford Try	355	Closing final salary scheme, opening money purchase scheme
Montpellier (YJL)	339	Money purchase scheme
Miller	318	Money purchase scheme
Morgan Sindall	317	Money purchase scheme

Figures taken from industry rankings in Building, 20 July 2001.
Additional companies: Simons Group Money purchase scheme. Company contributes between 6.5% and 18% depending on salary and length of service Willmott Dixon No company scheme, but it pays 7.5% on top of salary for employees to invest Arup Final salary scheme EC Harris Money purchase scheme. Company matches employees contributions up to 5%, but employees can put in more than 5%, up to a legal maximum of 15%