Persimmon schemes post funding level of 135%; Costain suspends 'dividend parity' plan

Firms post increase in surpluses following changes in discount rate assumptions

Jonathan Stapleton
clock • 2 min read
Stone Cross Mansion is a housing development by Persimmonin in Ulverston
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Stone Cross Mansion is a housing development by Persimmonin in Ulverston

Persimmon has published its full year results to 31 December 2024, revealing an increase its funding level to around 135%.

The housebuilder – which operates two defined benefit (DB) schemes; the Persimmon Plc Pension & Life Assurance Scheme and the Prowting Pension Scheme – said its DB pension assets had increased from...

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Jonathan Stapleton
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