Over 50% of FTSE 100 schemes report 'significant' deficit contributions totalling £14.8bn

Kim Kaveh
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Total deficit of FTSE 100 schemes estimated to be £33bn as at 31 March
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Total deficit of FTSE 100 schemes estimated to be £33bn as at 31 March

Some 53 FTSE 100 sponsors made "significant" deficit recovery contributions (DRCs) to their defined benefit (DB) schemes over the year to 31 March 2018, according to JLT Employee Benefits.

A total of £14.8bn was paid into schemes in the form of DRCs, the consultancy's quarterly report covering all FTSE 100 companies showed, down from £17.4bn in the previous year. However, this was...

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