Whitbread to implement 10 year recovery plan

clock

Whitbread, the leisure group, has formulated a 10-year recovery plan to repair its £388m pension scheme deficit, the company confirms.

The scheme's triennial valuation revealed a deficit on a funding basis of £388m, based on the position recorded at the end of March, this year. As a result, the Whitbread Group has agreed with Wh...

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

Join now

 

Already a Professional Pensions
member?

Login

More on Defined Benefit

Trustpilot