Employers to cut contributions as deficit hits £25bn

By Nyree Stewart2008-09-01T15:45:00

[16:45 CEST 01-09] UK – Almost 70% of UK companies intend to reduce contributions to scheme deficits within the next year, Aon Consulting has suggested,even though the aggregate deficit of the 200-largest UK defined benefit (DB) schemes increased to £25bn (€31bn) at the end of August.