John Lewis Partnership slashes pension deficit by 43% in three years
John Lewis Partnership has announced the deficit of its UK defined benefit (DB) scheme has plummeted by £361m since its 2013 valuation.
The agreed actuarial deficit was £479m at its 31 March 2016 triennial valuation, details of which were published on 27 January. This is compared to £840m at the 31 March 2013 valuation. The partnership,...
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