Mothercare scheme deficit reduces by 67% to £42m

Scheme could reduce recovery plan contributions if deficit continues to fall

Martin Richmond
clock • 1 min read
Mothercare scheme deficit reduces by 67% to £42m

Mothercare saw a further reduction in its pension scheme deficit as it fell by 67% to £42m as at 30 September 2022, according to its interim results.

The retailer's results - published yesterday (24 November) - showed the scheme's deficits had fallen substantially since the scheme's last full actuarial valuation in March 2020, where the deficit ...

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