Britvic slashes deficit after DB scheme closure

Jenna Towler
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Britvic closed its defined benefit pension scheme to future accrual in April and switched all members to its existing defined contribution plan, results show.

The scheme - which was closed to new entrants in 2002 - had an IAS19 accounting deficit of £15.3m on 17 April. This was a significant reduction on the year end deficit of £85.3m. The beverage ma...

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