Funding rules play 'fundamental' role in trimming deficits

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SCHEME-specific funding played a fundamental role in driving companies to plug their deficits with special contributions in 2005, claims Mercer HR Consulting.

A survey of more than 100 treasurers by the consultant – most of which feature in the FTSE 350 – revealed how six in 10 made payments to their defined benefit schemes in addition to statutory contr...

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