The Social Housing Pension Scheme is set to increase recovery contributions by over 70% and restructure its scheme after preliminary results of its triennial valuation revealed a £380m increase in its deficit.
The actuarial valuation revealed the deficit had increased from £283m on September 30, 2005 to £663m at September 30 last year. The scheme said it would increase deficit recovery contributions 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, 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
