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Most employers are still committed to final salary pension schemes, according to a report.
Three-quarters of the 240 organisations surveyed by insurance broker Jardine Lloyd Thompson are still running final salary pension schemes.
The poll also finds that six out of 10 organisations have increased their pension scheme contribution rate, while a quarter have increased staff contribution rates or are considering the move.
"Considering market conditions, we might have expected a headlong rush away from the traditional final salary schemes. But instead of the panic encouraged by the headline-seeking, short-termist press, there are careful and sober tactical adjustments to contributions levels and investment strategy," said Tim Evans, chief actuarial officer at Jardine Lloyd Thompson.
