MGN scheme to be fully funded by 2028 after TPR action

Scheme will get a £25.5m five-year injection from Reach plc

Jasmine Urquhart
clock • 2 min read
MGN scheme to be fully funded by 2028 after TPR action

The MGN scheme will be fully funded by 2028 and benefit from a £25.5m capital injection for five years following engagement by The Pensions Regulator (TPR).

The agreement between the scheme and its sponsor, publishing company Reach plc, was reached after engagement by the regulator following notification that agreement on the triennial valuation for 20...

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Jasmine Urquhart
Author spotlight

Jasmine Urquhart

Senior Correspondent at Professional Pensions

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