UK businesses pumped £200bn in pension contributions to avoid funding level drop

Holly Roach
clock • 3 min read

British businesses have ploughed £200bn into defined benefit (DB) pension contributions over 15 years to avoid a drop in pension funding levels, according to a report from Lane Clark & Peacock (LCP).

The consultant's pensions accounting report Reducing Risks, Building for Growth revealed that since 2007, FTSE100 companies have ploughed the multi-billion pound sum in DB pension contributions, wi...

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