Fewer than one in four FTSE 100 firms have open DB

Stephanie Baxter
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The proportion of FTSE 100 companies with sizeable defined benefit (DB) schemes has fallen to just over half, according to research from JLT Employee Benefits (JLT).

In the 12 months up to 30 September 2014, the number of companies providing schemes incurring ongoing service costs of more than 1% of total payroll plunged from 65 to 56. Of that number, just 2...

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