ONS figures reveal growing gap between public and private sector provision

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THE number of private sector employees in defined benefit schemes with a retirement age of 60 has fallen by more than 40pc over the past three years, Watson Wyatt says.

Figures published by the Office for National Statistics yesterday showed 800,000 non-government employees were accruing DB pensions in 2007, which they could receive from the age of 60 without havi...

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