UK - The £2bn Smiths Group pension scheme has seen its £298m surplus turn into a £28m deficit over the last year.
Director of investor relations Russell Plumley said the fund was not in significant deficit and that as such the company would not be making any changes to it in the near future. The scheme, which...
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

