House of Fraser halts final salary pension scheme

store group House of Fraser has frozen its final salary pension scheme for new
employees, according to the Daily Mail.

paper said the freeze is only temporary – the scheme is being reviewed while
the company decides whether it can afford to keep it.

group’s pre-tax profits rose from £17.9m to £22.8m last year. Dividends were
held at 5.5p.

By Quentin Reade

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