RPC Containers scheme promised funding after sponsor acquisition

Holly Roach
clock • 1 min read

The RPC Containers Limited Pension Scheme has been offered £5.2m a year in additional cash contributions until 2024 as its sponsor's acquisition is confirmed.

The scheme will also benefit from a £25m security deal over the company's real estate assets, which will reduce to £12m from September 2024. The financial support forms part of a memorandum of u...

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

Join now

 

Already a Professional Pensions
member?

Login

More on Defined Benefit

Tender Watch: Trustees of Sumitomo scheme appoint First Actuarial

Tender Watch: Trustees of Sumitomo scheme appoint First Actuarial

First Actuarial appointed to provide actuarial and administration services

Professional Pensions
clock 09 June 2025 • 1 min read
FIF25: Opportunities with DB pensions

FIF25: Opportunities with DB pensions

No ‘one size fits all’ approach to endgame, with changing allocations within DB schemes

Jasmine Urquhart
clock 04 June 2025 • 1 min read
DWP responds to WPC report on DB pensions market

DWP responds to WPC report on DB pensions market

Government confirms it will consider PPF compensation changes and consult on trusteeship, accreditation and governance

Holly Roach
clock 01 May 2025 • 4 min read
Trustpilot