The UK's biggest companies cut contributions to defined benefit pensions by 15% last year, according to research from LCP.
The consultant's annual Accounting for Pensions Survey found FTSE 100 firms paid £12.5bn into their schemes in 2014, down from £14.8bn in 2013 and £16.8bn in 2012. The biggest fall came in addit...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here
