Taylor Wimpey confirms DB scheme closure

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Housebuilder Taylor Wimpey will close the £567m George Wimpey Staff Pension Scheme to future accrual on 31 August, this year.

The decision follows mandatory consultation with the scheme's 14,824 members. The firm has seen its net pension deficit - relating to both the George Wimpey and the Taylor Woodrow schemes - increas...

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