Comment: Shell closure poses question for next generation of schemes

Jenna Towler on the end of an era

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As the pensions industry returned to its desks after the festive break, news that the last FTSE100 employer was ditching its final salary scheme came to light.

It emerged Anglo-Dutch oil giant Shell announced it would offer new joiners a defined contribution scheme from 2013. The move, announced on the scheme’s website in early December, may have evaded t...

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