Unilever to close UK DB scheme to existing members

Jenna Towler
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Unilever is to close its £5.5bn UK final salary scheme to existing members due to the fund's "increasingly unaffordable and unsustainable" costs.

The company said it would enter into a period of consultation with workers this summer. Under the proposed new arrangements, existing final salary scheme members would be offered a two-part sche...

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