Top UK firms paid five times more in dividends than into pensions
‘Britain’s biggest companies paid five times more in dividends than they did pension contributions last year, according to a new report that highlights the pressure on retirement schemes.
FTSE 100 companies paid £13.3bn towards their defined benefit pension schemes, compared with £71.8bn in payments to shareholders, according to the consultancy firm LCP’s annual study of pensions.’
Read more: Top UK firms paid five times more in dividends than into pensions
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