UK - Media giant News Corporation has revealed a £367m black hole in its defined benefit pension scheme.
The group – which is owned by media mogul Rupert Murdoch – said the deficit had almost doubled for the year to June compared to the 2001-02 financial year. The group reported a 23% increase in ope...
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, 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
