Barclays under fire for planned shift of DB responsibility

James Phillips
clock • 2 min read

Barclays Bank has defended plans to move its defined benefit (DB) pension scheme to its investment banking arm once it splits in April.

From April this year the bank will have to split off its investment and retail banking divisions into two separate entities, ‘Barclays Bank PLC' and ‘Barclays Bank UK PLC' respectively. In the p...

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James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

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