Summary
THE number of workers with access to a final salary pension scheme looks set to fall further in the next five years, research by the National Association of Pension Funds (NAPF) suggested yesterday.
The NAPF said the rate of closure of the schemes, which offer employees a set pension based on their earnings when they finish work, had stabilised after years of rapid growth. Last year, 31 per cent of private sector final salary schemes remained open to new members, against a figure of 33 per cent in 2006.See the full content of this document
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Need to Know: Blow for Final Salary Pension Hopefuls
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