Increase in special contributions

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SPECIAL contributions to pension schemes have risen for the third year in a row as companies continue to address pension risk, a joint survey by Mercer and the Association of Corporate Treasurers reveals.

The annual survey of pension financial risk revealed the number of FTSE 350 companies making special contributions to their UK or overseas schemes increased from 58pc in 2007 to 66pc in 2008. Gen...

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