Dee Valley Group turned its £2m pension scheme deficit into a surplus of £4m on an accounting basis over the last year, its preliminary results show.
The water supplier said the switch from to the Consumer Prices Index for future indexation saved the firm £3.2m. Other factors in the turnaround included better than expected asset returns (£0.5...
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





