Co-op's pension surplus rockets 78% in a year

James Phillips
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Co-op's pension surplus rockets 78% in a year

The Co-operative Group has reported a £564m increase in the combined surplus of its defined benefit (DB) schemes.

The conglomerate, which operates six schemes, reported a £1.3bn surplus on an IAS 19 accounting basis across its schemes on 2 July, according to the group's interim report published on 23 September. This...

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