Low cost supermarket Morrisons' net pension liabilities almost halved from £20m to £11m over the 12 months to February 2014.
The group has increased its employer contribution by £1m to £34m in 2014. Morrisons operates three defined benefit (DB) schemes, including the Retirement Saver Plan (RSP) and two career average ...
To continue reading this article...
Join Professional Pensions
- 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