Morrisons' DB liabilities drop by almost half in a year

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Low cost supermarket Morrisons' net pension liabilities almost halved from £20m to £11m over the 12 months to February 2014.

The group has increased its employer contribution by £1m to £34m in 2014. Morrisons operates three defined benefit (DB) schemes, including the Retirement Saver Plan (RSP) and two career average ...

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