FTSE 100 DB scheme closure gathers pace

Helen Morrissey
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The rate of defined benefit (DB) scheme closure among FTSE 100 companies is gathering pace, according to research by JLT Employee Benefits.

Ongoing DB pension provision has reduced by approximately 13% to £7.2bn in the 12 months to 30 June 2015, after allowing for the impact of changes in assumptions and market conditions. Accordin...

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