2027 will spell the end of FTSE 350 final salary schemes

James Phillips
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Financial demands and regulatory pressures to blame
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Financial demands and regulatory pressures to blame

No FTSE 350 companies will retain a final salary scheme open to accrual by 2027, analysis by Hymans Robertson finds.

The cost pressures associated with running these defined benefit (DB) schemes will inevitably mean companies will give up on trying to keep up with growing liabilities. Currently, just 45% of FTSE 350...

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