Time to end the DB obsession

Jack Jones warns the focus on DB could come at DC's expense

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LCP's latest report on schemes at the UK's biggest companies shows just how much money, time and effort is going into safely decommissioning defined benefit (DB) arrangements.

In terms of cash, blue chip firms contributed three times as much to DB as to defined contribution (DC) schemes, despite the fact that the majority have either closed or capped final salary schemes...

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