Flat-rate could reduce DB rebates: NAPF

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Moving to a flat-rate state second pension from 2009 will reduce rebates available to employers offering defined benefit schemes, the National Association of Pension Funds says.

Last week, chancellor Alistair Darling brought forward the start date for flat rating the State Second Pension from around 2014 to 2009 – a move that will both limit the amount of National Insuranc...

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