FTSE 350 final salary schemes 'will cease' by 2027
Cost pressures to blame
Financial demands and regulatory pressures to blame
No FTSE 350 companies will retain a final salary pension scheme open to accrual by 2027, analysis by Hymans Robertson finds.
The cost pressures associated with running these defined benefit (DB) schemes will inevitably mean companies will give up on trying to keep up with growing liabilities. Currently, just 45% of FTSE 350...
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