BP and Barclays latest employers to close final salary schemes

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BP and Barclays latest employers to close final salary schemes

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06-04-2009, 05:37 AM

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BP and Barclays latest employers to close final salary schemes

Oil giant BP announced yesterday it is to close its UK final salary pension scheme to new members from April next year, in a bid to cut costs for the company. The scheme currently has more than 60,000 members, with 12,000 staff paying in. In the meantime, banking giant Barclays has announced today that it will [...]

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