Managing Your Money 

How safe is your final-salary pension?

How safe is your final-salary pension?

The collapse of services provider Carillion (CLLN) is the latest in a string of high-profile company blow-ups, including Toys R Us and BHS, that have hit defined-benefit (DB) pension savers. And this comes as the Pension Protection Fund reports that roughly two-thirds of the DB pension schemes in operation in the UK are in deficit.

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