DB to vanish from FTSE 250 within one year

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All open defined benefit schemes in the FTSE 250 are set to close within 12 months, according to JLT Employee Benefits (EB).

Figures show the total liabilities increased to £81bn at 30 June 2015, up from £75bn the previous year. Many companies had attempted to close DB schemes to new members, in order to curtail the ...

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