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Old 07-31-2009, 09:56 PM
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Post Lloyds TSB reviews final salary pension scheme

Lloyds TSB’s final salary pension scheme could be shut down as the bank looks to cut costs following the acquisition of HBOS.The bank plans to review all its benefits schemes in light of the acquisition, with the pension scheme as a likely cost-cutting target, a statement from the bank said.“When Lloyds Banking Group formed in [...]

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