UK - Around 75% of companies with defined benefit schemes are suffering a significant or severe drop in profits due to spiralling pension costs, a survey by the Confederation of British Industry (CBI) and Mercer Human Resource Consulting has found.
And the survey of 355 CEOs, chairmen and senior board members found the problem was actually worsening - only 50% of firms reported the same problem two years ago. The survey also found 40% of f...
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