DC members suffer as FTSE employers plug deficits

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Members of defined contribution (DC) schemes are being hit by a "double whammy" as equity returns and employer contributions stagnate, research finds.

Barnett Waddingham's annual Impact of Pension Schemes on UK Business report showed FTSE350 business paid on average £4,000 per employee to cover defined benefit (DB) deficits in 2012. This has rise...

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