Vodafone and BMI to close final salary schemes

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UK - Vodafone and airline BMI have become the latest big name firms to announce plans to close their defined benefit schemes to future accrual.

Mobile communications giant Vodafone informed staff of its intention to consult on plans to shut its £755m (US$1.25bn) scheme to about 4,000 employees. It said responses were due in April, next yea...

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