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DB schemes not dead – Mellon survey

Defined benefit pension schemes are not dead but their survival depends on cost, according to research by Mellon&#39s human resources and investor solutions group.

The figures indicate that employer support for DB schemes has not evaporated and 60 per cent of employers would consider raising pension contributions if further tax incentives were offered.

The research also shows although 81 per cent of companies are against compulsory provision based solely on employer contributions, 69 per cent would support compulsory contributions if they came from employers and employees.

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