De La Rue scheme gains £80.5m after indexation swap
De La Rue's defined benefit (DB) pension scheme gained £80.5m after swapping the index used to revalue benefits, but lost £0.5m to rectify discrepancies identified in the scheme's rules.
In an announcement on the London Stock Exchange today (30 May), the manufacturing and printing company revealed the improvement arose from the trustees' decision in November 2017 to change the indexation...
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