ITN issues 'going concern' warning over scheme contributions

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The ITN Pension Scheme has seen a significant deficit increase and could require funding contributions in excess of its sponsor's expected cash resources.

ITN's accounts revealed the scheme's FRS17 had increased from £16.4m at December 31, 2007 to £28.7m at the end of 2008 following a "marked decline" of equity markets since June 2008. However the di...

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