THE parent company of chemical giant ICI, the Dutch Azko Noble, has said the funding status of its pension plans has improved, although it still has a deficit of nearly €1bn (£880m).
In total, the company's pension deficit at the end of 2008 stood at €988m, an improvement over the €1.5bn pro forma deficit at the end of 2007. The company said lower investment returns as a resu...
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




