Gartmore has had its pension scheme deficit plugged with a cash injection of around £55m following a management buyout backed by Hellman & Friedman.
The move will see the fund management firm’s 430 member defined benefit pension scheme closed and replaced with a new defined contribution scheme. The cash injection was split between Hellman & Fr...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- 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
