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Association of Consulting Actuaries surveys small firm pensions

The Association of Consulting Actuaries is surveying pensions trends in smaller firms with 250 employees or less.

The ACA says trends in this sector are of major importance as it covers 12m people which is half the working population of the UK.

The ACA is hoping the survey will reveal the early impact of stakeholder pensions on business. The switch from defined benefit to defined contribution, which has been more marked in smaller firms, is also being monitored.

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