Summary
The strain on Britain's blue-chip companies to tackle gaping pension deficits could hold back recovery and leave a generation of workers without enough to retire on, a report warned today.
Major firms pumped a record pound(s)17.5bn into pension schemes last year, helping cut the FTSE 100's total pension deficit by almost half to pound(s)51bn, the Accounting for Pensions report from actuaries LCP found.See the full content of this document
Extract
Pension Deficit Efforts 'Could Hit Recovery'
The huge increase in contributions com...
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