Persimmon's scheme returns to deficit after falling yields
House builder Persimmon's defined benefit (DB) scheme has fallen into a funding deficit after liabilities climbed £73.4m in twelve months.
The company's scheme now records a £39.2m deficit as of 30 June, compared to a £11.5m surplus on the same date last year, on an IAS 19 accounting basis, according to its interim report. Overall, the...
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