Currys to cut pension contributions for two years

Contributions will be cut from £78m to £36m in 2023/24 and £50m in 2024/25

Holly Roach
clock • 2 min read
Currys to cut pension contributions for two years

Currys is set to reduce pension contributions in a bid to reduce costs and capital expenditure.

The electrical retailer has agreed to a reduction in pension contributions over the next two years from £78m in 2022/23 to £36m in 2023/24. The firm will then increase contributions in 2024/25 t...

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 Industry

SPP: Developing the next generation of pension professionals

SPP: Developing the next generation of pension professionals

Tom Hill says the pensions industry has much to gain by investing in its emerging talent

Tom Hill
clock 26 June 2026 • 3 min read
Good News Corner: Actuary's acapella remix of Will Smith's Miami goes viral

Good News Corner: Actuary's acapella remix of Will Smith's Miami goes viral

Hymans Robertson partner becomes internet sensation during the World Cup

Jonathan Stapleton
clock 26 June 2026 • 1 min read
Professional Pensions: Stories of the week

Professional Pensions: Stories of the week

Keir Starmer resigns, what Andy Burnham could mean for pensions, and a TPR blog

Professional Pensions
clock 26 June 2026 • 1 min read
Trustpilot