TUC: Govt figures only tip of crisis iceberg

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UK - The number of employees in defined benefit schemes has dropped nearly 32% over the last 10 years, with that set to rise due to the recent spate of scheme closures, according to the Trades Union Congress.

And without legalisation to oblige employers to contribute to final salary schemes the decline will continue, the union warned. The TUC’s comments follow its analysis of figures published by the...

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