Cancer Research closes DB scheme to future accrual

Stephanie Baxter
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Cancer Research has closed its UK defined benefit pension (DB) scheme to future accruals, the charity announced in its latest financial report.

The £610m scheme, which shut to new entrants in December 2009, closed to future accrual of benefits on 31 March this year which resulted in a £14m curtailment gain. This combined with significan...

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