Reach reports fall in deficit but posts charge for Barber window equalisation

Procedural issue spotted as part of buyout due diligence for West Ferry Printers scheme

Jonathan Stapleton
clock • 2 min read
Reach is headquartered in London's Canary Wharf
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Reach is headquartered in London's Canary Wharf

Reach has said its net IAS 19 pension deficit has fallen from £77.1m at the end of 2023 to £34m at the end of last year, a £43.1m fall largely driven by contributions to its schemes.

The newspaper group sponsors six defined benefit (DB) schemes - including the MGN Pension Scheme, the Trinity Retirement Benefit Scheme, the Midland Independent Newspapers Pension Scheme, the Expre...

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Jonathan Stapleton
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