Communisis tackles deficit with asset-backed contribution

clock

Communisis has set up an asset-backed contribution arrangement with its pension scheme after a raft of measures to cut its deficit were cancelled out by market movements.

The communications firm revealed in its preliminary results it had given the scheme - which has an accounting deficit of £14.2m - rights to an annual income stream of £1.15m from one of its propert...

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
DB schemes lack consensus on how to distribute surplus assets to members

DB schemes lack consensus on how to distribute surplus assets to members

Aon poll finds some favour topping up DC pots and others prefer providing cash lump sums

Holly Roach
clock 20 April 2026 • 2 min read
Trustpilot