TPR in talks with Sainsbury's over scheme impact of Asda merger

Victoria Tichá
clock • 2 min read

The Pensions Regulator and Sainsbury's have confirmed they are in talks over the impact of the Asda tie-up on the supermarket's defined benefit (DB) pension scheme.

This follows the announcement made on Monday that Asda's DB pension scheme will be retained by Walmart, following the merger, which will see Asda acquired by Sainsbury's and merged into a single £5...

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