Publisher Hachette shuts schemes to future accrual

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Hachette UK is to close its two defined benefit pension schemes to future accrual and inject an additional £8m to tackle its £35m deficit.

The publisher said the Hodder and Orion schemes - with 250 active members and 1,100 deferred or pensioner members - would close as of 30 September. Group human resources director Dominic Mahony ...

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