UK - Engineering firm GKN is to pump an additional £20m into its pension fund in a bid to plug a mounting £622m scheme deficit.
The company’s 2003 interim results showed GKN had contributed £27m into its final salary scheme during the first half of the year – £7m more than was planned. This compares to £10m paid into the fu...
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
