£20bn sponsor contributions vanish into black hole

Jenna Towler
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Scheme deficits are higher than a year ago despite £20bn being ploughed into pension funds by sponsoring employers, Mercer data shows.

Accounting deficits for FTSE350 schemes stood at £81bn at the end of March 2012 - a £17bn increase on deficits a year ago, according to Mercer's Pensions Risk Survey data. This comes despite £20...

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