Premier Foods reveals smaller pension surplus following DB schemes merger

clock • 2 min read

The surplus of Premier Foods’ combined defined benefit (DB) schemes has fallen a year after its landmark pensions merger, according to the retailer’s latest annual results.

In April 2020, the company's board announced a segregated merger of the RHM, Premier Foods, and Premier Grocery Products pension schemes, to allow for redistribution of surplus funding in the event...

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

Thousands of DB schemes will run until 2035, say pension professionals

Thousands of DB schemes will run until 2035, say pension professionals

Poll of 400 industry professionals reveals changing outlook for the sector

Alex Levy
clock 04 September 2026 • 1 min read
Industry stresses DB surplus release decisions must be scheme specific

Industry stresses DB surplus release decisions must be scheme specific

Firms say low dependency should not trigger automatic release of surplus funds as lawyers raise concerns over age restrictions

Alex Levy
clock 03 September 2026 • 4 min read
Aon launches run-on solution aimed at smaller DB schemes

Aon launches run-on solution aimed at smaller DB schemes

Firm claims economies of scale will make run-on strategies more realistic for schemes

Alex Levy
clock 03 September 2026 • 2 min read
Trustpilot