UK - Packaging giant Rexam may be forced to end its pension scheme contribution holiday after surpluses have plummeted to £15m.
The company is expected to stop its contribution holiday after the next formal actuarial valuation. Its last formal valuation in 2000 showed a net surplus of £516m but this had plunged to £139m in ...
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

