Funding levels improve despite falling contributions

Stephanie Baxter
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FTSE350 firms' contributions to their defined benefit (DB) pension deficits are at the lowest level in five years, according to research by Barnett Waddingham.

The firm said the overall picture for DB funding was better in 2013 compared to previous years. Deficit contributions fell to around £8.5bn last year, 20% lower than the £11bn paid in 2012 and mark...

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