"In 2005, one in every five employers in the FTSE 100 had an open defined benefit pension fund. Today, however, no employer offers this to new employees.... In 2005, one in every five employers in the FTSE 100 had an open defined benefit pension fund. Today, however, no employer offers this to new employees.... 'This is the first year that no final salary schemes (are being offered) in the FTSE 100,' said Will Aitken, senior defined contribution consultant at Towers Watson[.]" [Editor's note: The FTSE 100 is a share index of the 100 companies listed on the London Stock Exchange with the highest market capitalization.]  MORE >>