Towers Perrin: UK future is DC

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UK - The "remarkable pace of change" witnessed as corporate pensions schemes switch from DB to DC is set to continue, found the Towers Perrin "UK Corporate Pensions Survey 2006".

Just one fifth of the 170 companies surveyed now offer a DB scheme to new employees, compared to more than two thirds of respondents in 2002. Within that fifth, one third of the companies plan to s...

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