Cussons de-risks with ETV after scheme moves into the black

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PZ Cussons has conducted a £2.4m enhanced transfer value exercise after its UK defined benefit schemes moved into surplus.

End of year results for the firm, which owns the Imperial Leather brand, show its three UK defined benefit scheme were in surplus by £2.3m in May, up from a deficit of £7.4m last year. The resul...

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