Aviva to close final salary pension scheme

Insurance giant Aviva today announced plans to shut the group’s final salary pension schemes in a blow to around 7,600 UK employees.

Insurance giant Aviva today announced plans to shut the group’s final salary pension schemes in a blow to around 7,600 UK employees.

The group, which also owns the RAC motoring group, said it was to begin consultation in June with a view to closing its final salary pensions to both new and existing members from April 1 2011.

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