More firms close final-salary pension schemes

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More firms close final-salary pension schemes

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11-09-2009, 08:57 PM

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More firms close final-salary pension schemes

It has been revealed that sugar firm Tate & Lyle and newspaper publisher Trinity Mirror are the latest firms to close their final-salary pension schemes.Tate & Lyle blamed the decision on a hike in the scheme’s deficit to £110 million which will see the scheme close to half of its UK workforce next April.Commenting on [...]

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