ITV's scheme deficit rose from £390m to £551m over 2012 as a falling discount rate continued to inflict pain on the broadcaster's balance sheet.
In its final results, published today, the firm said the discount rate drop had inflated the deficit by £240m, only partially offset by a reduction in inflation assumptions, £72m in recovery contri...
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
