BSW Timber has saved £5m in liabilities and reduced its deficit by a quarter due to a medically underwritten mortality study (MUMS).
The sawmilling company which has 1200 employees and a pension scheme with liabilities of £50m carried out the MUMS in mid-2015. Information gathered by MUMS include members' health and longevity...
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 for 12 months, 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
