Costain scheme trustees revise pension contribution plan

Half-year results show contribution plan will now consist of annual payments of £3.3m

Martin Richmond
clock • 2 min read
Costain scheme trustees revise pension contribution plan

The Costain Group has announced it has reached an agreement with the trustees of its defined benefit pension scheme to restructure the contribution plan of payments, according to its half-year results.

The results, published today (23 August) on the London Stock Exchange, revealed the new pension contribution plan of the scheme will run from 1 July 2023 to 31 March 2027 consisting of an annual pa...

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

AMNT: Consolidation will not always be the path to better member outcomes

AMNT: Consolidation will not always be the path to better member outcomes

Lewis Brown says economies of scale will not always result in better quality schemes

Lewis Brown
clock 15 June 2026 • 4 min read
People's Partnership CEO, PPF chair and former Lord Mayor recognised in King's Birthday Honours

People's Partnership CEO, PPF chair and former Lord Mayor recognised in King's Birthday Honours

Patrick Heath-Lay and Kate Jones appointed CBE for services to pensions and Alastair King receives knighthood

Jonathan Stapleton
clock 15 June 2026 • 2 min read
News Digest: Capita eyes 'more normalised' Civil Service Pension Scheme service by end of June

News Digest: Capita eyes 'more normalised' Civil Service Pension Scheme service by end of June

PP brings together all the latest news on pensions from across the national and financial media

Professional Pensions
clock 15 June 2026 • 1 min read
Trustpilot