Compass
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Bates & Company, Inc.
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Loan & Distribution Specialist AimPoint Pension
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Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
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AimPoint Pension
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Regional Vice President of Sales The Retirement Plan Company
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Largest U.K. Companies Need 5 Billion GBP to Meet Contributions
Pensions & Investments 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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