Turnaround for Threshers fund

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Off-licence Threshers' pension fund has moved from a £24m deficit to a £10m surplus since being taken over by Pension Corporation Investments in June.

PCI said the turnaround comes despite stock market volatility. Threshers’ First Quench Pension Scheme had assets of £63.1m when PCI acquired it. PCI moved the fund into surplus by transferring £3...

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