Mothercare schemes gain £1.6m from pension increase exchange exercise

Kim Kaveh
clock • 1 min read

Mothercare's two schemes gained £1.6m after a pension increase exchange (PIE) exercise, one year after a company voluntary agreement (CVA) stopped the schemes entering the Pension Protection Fund (PPF).

In an announcement on the London Stock Exchange today (24 May), the retailer revealed members of the Mothercare Staff Pension Scheme and the Mothercare Executive Pension Scheme were given the optio...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Defined Benefit

Tender Watch: Donaldson selects First Actuarial for scheme admin services

Tender Watch: Donaldson selects First Actuarial for scheme admin services

Firm to provide admin for 442 members of filtration manufacturer’s pension plan

Professional Pensions
clock 18 June 2025 • 1 min read
Pension Schemes Bill to unlock potential £600bn superfund market

Pension Schemes Bill to unlock potential £600bn superfund market

LCP says simplified gateway tests open up superfund opportunity to half of schemes

Jasmine Urquhart
clock 16 June 2025 • 1 min read
FIF25: Opportunities with DB pensions

FIF25: Opportunities with DB pensions

No ‘one size fits all’ approach to endgame, with changing allocations within DB schemes

Jasmine Urquhart
clock 04 June 2025 • 1 min read
Trustpilot