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Defined Contribution schemes lost 10% in February

Andrew Sheen

16 March 2009 •

February saw £42bn wiped off the value of defined contribution scheme assets, Aon Consulting figures reveal.

The fall - equivalent to 10% of the value of DC plans - saw assets slump from £410bn at the end of January to £368bn. The consultant said since the credit crunch hit in September 2007, DC schemes...

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