Hargreaves makes 'considerable headway' towards DB scheme buyout

Cash cost to buy out the scheme will be ‘no more than £9m’ with payment expected in H1

Holly Roach
clock • 1 min read
Hargreaves' results reveal dividend increase as scheme progresses towards buyout
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Hargreaves' results reveal dividend increase as scheme progresses towards buyout

Hargreaves has made “considerable headway” on its journey to buy out the group’s defined benefit (DB) pension scheme.

The firm's interim results revealed the cash cost to buy out the scheme will be no more than £9m, with this payment expected in the first half of 2024 using existing cash reserves. The results a...

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