Cookson has transferred £50m of liabilities out of its defined benefit scheme through an enhanced transfer value exercise.
The materials science firm's half yearly report - published today - revealed the offer to transfer was ultimately taken up by 550 scheme members. It said the exercise - announced earlier this ye...
To continue reading this article...
Join Professional Pensions
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date
