Mirror and Express publisher seeks deficit contribution suspension

James Phillips
clock • 2 min read

Newspaper publisher Reach has requested discussions with the trustees of its pension funds to defer deficit recovery contributions (DRCs) to shore up finances during the coronavirus pandemic.

The company - which publishes the Daily Mirror, Daily Express, and Daily Star - confirmed today (6 April), it was seeking the discussions as it also announced plans to furlough around 1,000 staff, ...

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

James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

More on Defined Benefit

Partner Insight: Bridging the gap between strategy and implementation

Partner Insight: Bridging the gap between strategy and implementation

Funding success has transformed the DB endgame. For trustees, preserving choice is only part of the challenge. "Optionality only matters if you can act on it," says Cyprian Njamma.

Massi Delle Donne, Managing Director and Cyprian Njamma, Director @ BlackRock
clock 11 November 2026 • 2 min read
Partner Insight: Aon Run-on and Surplus Bulletin

How are UK DB schemes turning over a new leaf?

Aon explores how improving funding levels and new regulatory flexibilities are reshaping UK DB schemes

Aon
clock 06 November 2026 • 1 min read
Partner Insight: What we share sets us apart

Partner Insight: What we share sets us apart

Rosie Fantom, Head of Pension Risk Transfer, explains how BPA Plus combines guaranteed security with the potential to share more value.

Rosie Fantom, Head of Pension Risk Transfer @ M&G
clock 06 November 2026 • 4 min read
Trustpilot