UK - Owners of two national newspapers are injecting £6m into the pension scheme of the printing firm they jointly own.
The Barclay brothers - the new owners of the Telegraph Group ñ and Richard Desmond, who controls the Express, said the injection was part of their plans to tackle the £84.5m West Ferry Printers Pension Schemes £30m deficit.
The decision to top up the scheme was made after Desmond dropped plans to buy out the Barclay brothers interest in the business.
The Docklands-based firm prints The Guardian and the Financial Times in addition to the Telegraph and the Express.
Sir Frederick and Sir David Barclay acquired half of West Ferry as part of their purchase of the Telegraph Group from Hollinger.
The final salary scheme is closed to new members and has 614 active, 195 deferred and 1358 pensioner members. The firm has a defined contribution scheme for new employees.
The secretary of state for work and pensions has told MPs clawback and avoidance measures could be imposed for the people responsible for driving Carillion over the cliff.
Occupational pension provision has continued to grow in value, but there remains large variance in incomes across the pensioner age group, according to latest government data.
Defined benefit (DB) schemes could have an aggregate surplus by 2021 under Pension Protection Fund (PPF) projections, its strategic plan for 2018 to 2021 reveals.
Investment consultants are failing to recommend products that outperform net of fees, the Competition and Markets Authority (CMA) has said as its investigation into the market continues.