Contracting out scrapping will lead to DB closures

Jonathan Stapleton
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More than two-thirds of scheme managers believe the scrapping of contracting-out for defined benefit schemes will lead to further closures to new or existing members.

A PP survey revealed that 70% of schemes believed scrapping contracting-out would lead to further closures. Just 18% believed such a move would not increase the number of closures and 12% were unsu...

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