DWP reveals three favoured 'DB-lite' defined ambition options

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The Department for Work and Pensions has whittled down its preferred structures of defined ambition schemes to three ‘DB-lite' models.

In November, the DWP published details of 11 DA structures for consideration, six of which were dubbed DB-lite and five as ‘DC-plus' (PP Online, 22 November 2012). At a National Association of P...

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