Employers up contributions in bid to slash deficits

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Employer contributions to funded workplace pensions have risen by £16bn in just two years, as employee contributions plummeted by £3.5bn over the same period, figures show.

Numbers from the Office for National Statistics, published today, show an increase in employer contributions from £40.8bn in 2008 up to £56.8bn today. This compares to a fall in employee contrib...

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