Costain has announced it has closed its defined benefit pension scheme to future accrual in a bid to reduce risk and volatility.
The engineering and construction group's preliminary results for the year to December 31, last year - released today - revealed the group saw its UK scheme deficit increase from £36.1m at the end o...
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
