Top UK bosses get £3.8m pension pots

It represents an increase on £400,000 on the average transfer value for a director's pension last year. This year's largest pension pot is worth £21m, paying out £1.3m annually. The average director's pension is now 26 times the average occupational pension, which is £8,736. Just over half the directors surveyed are still in final salary schemes, despite the move away from defined benefit for the majority of staff. With directors in defined contribution schemes the average company contribution is £134,760 with an average contribution rate of 18%. For directors who do not participat...