FTSE350 deficits rise 50% in 5 years despite £75bn contributions
Defined benefit (DB) deficits at FTSE350 companies have swelled by £34bn since 2010 despite £15bn being paid into them annually.
Companies contributed an estimated £75bn in cash contributions, equivalent to almost 5% of the total liabilities, according to analysis by Mercer. Despite the large figure, deficits increased from £64bn...
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