Taylor Wimpey sees £8.9m actuarial loss on DB scheme

Holly Roach
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The scheme's pension deficit decreased by £48.5m following contributions made the year prior
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The scheme's pension deficit decreased by £48.5m following contributions made the year prior

Taylor Wimpey saw an actuarial loss on its defined benefit (DB) pension scheme of £8.9m in the year ending 31 December 2019, significantly lower than the £84.3m loss the year prior.

Its full year results - published today (26 February) - also revealed its pension deficit decreased by £48.5m following contributions made the year prior. In 2018, a funding plan was agreed which commits...

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