Taylor Wimpey has cut annual deficit recovery contributions by £30m after completing a raft of liability management exercises including a £206m medically underwritten buy-in.
The house builder revealed in its annual results that it had reduced annual contributions from £53m to £23m after the schemes' latest triennial valuation found a reduced deficit. It said this wa...
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