UK - Sainsbury's has been accused of "short-changing" scheme members by paying reduced employer contributions while the fund is in deficit.
The £2.1bn J. Sainsbury Pension & Death Benefits Scheme had a £248m surplus at its last actuarial valuation and the company reduced contributions. But the scheme, which is heavily invested in equi...
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

