DB nears extinction in FTSE 250

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The number of FTSE 250 companies providing final salary benefits to a large number of employees has fallen to just 15, Pension Capital Strategies says.

The firm said only 144 companies out of the FTSE 250 have any DB pension scheme at all, with 86 still providing "more than a handful" of current employees with DB benefits. Of these 86 firms, on...

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