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Largest U.K. Companies Need 5 Billion GBP to Meet Contributions
Pensions & Investments Link to more items from this source
July 10, 2012

"The U.K.'s largest companies will need to hike retirement contributions by a combined 5 billion GBP ($7.75 billion) by 2013 as they fight to curb defined benefit plan deficits and as auto enrollment boosts participation in defined contribution plans ... In 2011, FTSE 100 companies contributed a combined 21.4 billion GBP to all retirement plans, about even with the previous two years, a new report from LCP states. About half of the 2011 contributions -- 11.1 billion GBP -- were deficit payments into DB plans."

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