RSA hikes pensions contributions despite 36% drop in deficit
RSA has increased to contributions to its pensions deficits, in spite of valuations showing a drop of more than a third in the size of the shortfall, due to lower bond yields.
The deficit relates to combined funding status for two schemes, to which RSA will now contribute an additional £61m a year from 2014 to 2016, down from £70m in 2010 and £63m in 2013.
However, The
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