Contributions fail to curb growth of FTSE100 deficits
UK - Pension contributions by FTSE100 firms almost doubled last year but two-thirds of firms saw their deficits grow, a new report shows.
Contributions to final salary schemes almost doubled to £11.6bn in 2003 but after paying out £7.3bn in pensions and £3.5bn in interest on the shortfall, they fell short of that required to reduce deficits....
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