Haynes Publishing closes DB scheme to new entrants

Stephanie Baxter
clock

Haynes Publishing Group has shut its defined benefit (DB) pension scheme to new entrants as the company's revenues have fallen in the past year.

In its annual financial results today the Somerset-based publisher of car manuals revealed it closed the UK scheme in June. The scheme reported a deficit of £13.3m on 31 May 2015 under the IAS 1...

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 surpluses hit £220bn as schemes remain 'resilient'

DB surpluses hit £220bn as schemes remain 'resilient'

XPS Group analysis shows DB schemes have seen ‘steady improvement’ over the last 12 months

Holly Roach
clock 12 February 2026 • 1 min read
DB schemes make further progress on funding, Broadstone finds

DB schemes make further progress on funding, Broadstone finds

Firm’s Sirius Index shows slight increases across its modelled schemes

Holly Roach
clock 06 February 2026 • 1 min read
Tender Watch: Carlsberg UK scheme appoints Barnett Waddingham

Tender Watch: Carlsberg UK scheme appoints Barnett Waddingham

Consultancy will provide actuarial and administration services to the scheme

Professional Pensions
clock 05 February 2026 • 1 min read
Trustpilot