Telent denies Synesis deal for its £2.7bn plan

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UK - Telecoms service provider Telent has dismissed a report that it is considering offloading its £2.7bn pension fund onto new bulk buyout vehicle Synesis as "untrue".

“There has been no discussion, it’s pure speculation,” a spokesperson told Global Pensions, adding that the story had merely created unnecessary uncertainty for the company’s pensioners. A spoke...

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