UK - telent's net pension scheme deficit has been reduced by £51m in the past six months, the company's latest results have revealed. The deficit at 30 September amounted to £14m, comprising of a £48m surplus in its UK pension plan and liabilities of £62m relating to unfunded legacy pension liabilities retained in its German business.
telent released the second half results following the takeover by Pension Corporation's Co-Investment No.5 Limited Partnership (CILP) last week. The single largest movement in its cash balanc...
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