U.K.'s Pension Gap

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July 7 (Bloomberg) -- Bloomberg's Poppy Trowbridge reports on U.K. companies' response to new European Union rules requiring firms to increase funding in defined benefit pension plans. Diageo Plc has put 2 million barrels of Whisky into a pension fund partnership, while British Airways Plc has used aircraft as security. A defined benefit pension plan links retirement payments to length of service and final salary. (Source: Bloomberg)


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