Pensions timebomb: threat to final salary pensions

Updated
POLITICS Pensions 5
POLITICS Pensions 5

Pension promises made by British companies are so enormous - and the money they have put aside to pay them falls so far short - that they could cripple the businesses concerned. Even more worryingly, a new report has warned that they could simply not make good on their promises - and people could fail to get the pensions they are expecting.

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