Buyout rule 'will force firms to reopen DB plans'

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UK - Closed final salary schemes have become "ticking time bombs" for firms and many will have no choice but to reopen them, experts claim.

Denton Wilde Sapte partner Elmer Doonan says the government’s requirement that all solvent companies must meet the full buyout costs for schemes has opened “a can of worms”. And the pensions...

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