ACA survey 'confirms worst fears' on DB decline

Jenna Towler
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Some 87% of defined benefit pension schemes are closed to new entrants and 18% are close to future accrual, statistics from the Association of Consulting Actuaries reveal.

Employers responding to the pensions trends survey said 39% of DB schemes were presently considering changes to future accrual, with 35% considering a move to career average and 22% a move to defin...

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