Kingfisher boosts property-backed funding partnership by £225m

clock

Kingfisher has extended the asset-backed funding partnership with its pension scheme with the addition of two UK properties worth £119m.

An investment of £106m was also made by the scheme into the Kingfisher Scottish Limited Partnership, following a group contribution of the same amount into the scheme. The retailer - owner of br...

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

Join now

 

Already a Professional Pensions
member?

Login

More on Defined Benefit

DB scheme surpluses increase to £210bn in Q1 2026, PwC finds

DB scheme surpluses increase to £210bn in Q1 2026, PwC finds

PwC index finds funding positions remain strong despite geopolitical instability

Martin Richmond
clock 23 April 2026 • 2 min read
Hymans Robertson launches scheme data management service

Hymans Robertson launches scheme data management service

Consultancy says its Precision service will help DB schemes assess if their data is ‘fit for purpose’

Martin Richmond
clock 23 April 2026 • 2 min read
Clara announces superfund deal with the Videndum DB Pension Scheme

Clara announces superfund deal with the Videndum DB Pension Scheme

Deal is Clara’s fifth and the first to make use of its smaller schemes open section structure

Jonathan Stapleton
clock 21 April 2026 • 6 min read
Trustpilot