RM's pension deficit rises nearly 60% in a year

James Phillips
clock • 1 min read

Education technology provider RM has seen the deficit of its defined benefit (DB) scheme rise by £12.8m in one year.

As of 30 November 2016, the scheme recorded a deficit of £34.8m on the IAS 19 accounting measure, up 59% from £21.9m at the same date in 2015. The company blamed a fall in the scheme's discount ...

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James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

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