A Kodak moment

Jack Jones looks at the details of the ground-breaking deal to revive Kodak and keep its scheme out of the Pension Protection Fund

clock

The deal agreed between the Eastman Kodak Company (EKC) and trustees of its UK scheme has grabbed a lot of attention.

The numbers are eye-watering large - the scheme had a deficit of almost £2bn at the time the parent company filed for bankruptcy - and the deal agreed to try to plug the shortfall is novel. In r...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Risk Reduction

Macmillan Cancer Support scheme completes full buyout with Aviva

Macmillan Cancer Support scheme completes full buyout with Aviva

Buyout fully secures members’ benefits following a £33.7m buy-in deal in 2024

Martin Richmond
clock 30 January 2026 • 1 min read
UK PRT market surpasses £500bn after 'record activity'

UK PRT market surpasses £500bn after 'record activity'

Hymans predicts £1trn of pension scheme liabilities will have been insured by 2035

Holly Roach
clock 29 January 2026 • 2 min read
Primula scheme signs £6.6m buy-in deal with PIC

Primula scheme signs £6.6m buy-in deal with PIC

Transaction secures the benefits of all 74 scheme members

Holly Roach
clock 27 January 2026 • 2 min read
Trustpilot