Wincanton's pension scheme has reduced its equity holding after strong asset performance cut £60m from its deficit, triggering a de-risking exercise.
The logistics company revealed in its preliminary results for 2010/11, released today, that its pension fund had cut its allocation to equities from 70% to 60%. The funding trigger for this acti...
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
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here