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
Image:

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...

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 Defined Benefit

'Intense' competition driving 'unprecedented' buy-in pricing for DB schemes

'Intense' competition driving 'unprecedented' buy-in pricing for DB schemes

LCP says record insurer capacity has exceeded short-term demand

Holly Roach
clock 09 June 2026 • 2 min read
PPF 7800 aggregate surplus rises by £5.3bn in May

PPF 7800 aggregate surplus rises by £5.3bn in May

Lifeboat fund’s index shows surplus increased to £263.8bn by the end of last month

Martin Richmond
clock 09 June 2026 • 4 min read
New PP research shows investment governance is under pressure

New PP research shows investment governance is under pressure

The Cost of Comfort: Rethinking Investment Governance in a New Era of Endgame

Professional Pensions
clock 09 June 2026 • 1 min read
Trustpilot