Expats see DB schemes sliced

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GLOBAL - Expatriate employees are now starting to feel the brunt of the shift from final salary pension schemes, according to a new survey by consultants, William M Mercer.

Final salary provision for expats has nearly halved over the last 10 years in bid to cut costs, said the survey. In 1991, 79% of organisations offered employees final salary schemes; by 2001 that f...

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