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Old 08-20-2009, 12:44 PM
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Post Final salary pension schemes face extinction

Final salary pension schemes may not have breathed their last breath, but they are certainly on the throes of extinction, an industry expert has claimed.Dr Ros Altmann, a former academic and independent expert on pensions policy and retirement, said when final salary pensions were first conceived, it was assumed they would be funded through equity [...]

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