UK - With two million fewer people in defined benefit schemes in the UK than a decade ago, employers are wiping an estimated £4.15bn a year off their pension contributions bills, according to research from Brewin Dolphin Wealth Management's division (BDWM).
BDWM also said the cost of pension provision nearly halves when firms switch from final salary to money purchase schemes The investment management firm believes this is likely to lead to many p...
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