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Just over half are held for the benefit of the staff pension fund.
Costs continue to be cut, while uncertainties surrounding the company's staff pension scheme have eased.
Many more are invested in property funds through insurance and pension companies, such as through their staff pension scheme.
Brendan Barber, the TUC's general secretary, said: Employers often tell us that decent staff pension schemes are no longer affordable.
One of the biggest challenges facing the new owners is the BHS staff pension deficit, which is estimated to stand at around £130m.
Fluidata pays 6% of basic pay into staff pension pots, with the remaining 2% coming from the employee and from tax relief – well above the legal contribution limit.
Similar(41)
We are talking about jobcentre staff, customs staff, pensions staff, coastguards, immigration officers, security guards, air traffic control staff, traffic wardens, museum warders, librarians, prison and court workers.
The information that UUK has produced to explain the scale of cuts to staff pensions has also been labelled misleading by the University of Oxford.
Michael Northmore Staten Island, Jan . 24 , 2011 To the Editor: We simply cannot afford the salaries of extra members, staff, pensions and Cadillac health care coverage.
The bill would cover the UK's share of EU staff pensions, unpaid bills on infrastructure projects, and the cost of decommissioning nuclear power plants.
A strike over reforms to relatively generous staff pensions has cost Paris Opéra millions, and performers are being deprived of costumes or sets.
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