Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Shell is to close the FTSE 100’s last remaining final salary pension scheme to new hires in Britain, ending an ...
Oil giant Shell is to close its defined benefit pension scheme to new joiners and replace it with a UK defined contribution plan. The Anglo-Dutch said the move was a reflection of "market trends in ...
The oil giant will close its scheme to new recruits in two years. All existing staff will be kept on final salary benefits — for now.
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