Wholesale changes are in store for both pension and 401(k) plans, according to a survey of 140 financial executives by Prudential Financial and CFO Research Services.

Nearly half of the financial executives at companies with pension plans said their firms were considering freezing or terminating their pension plans in the next two years. Seventeen percent have already closed their DB plan to new entrants, and 27% said they are likely to do so in the next two years.

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