Clothing manufacturer Jacques Vert is putting £5m into its pension fund and closing a subsidiary's scheme under a deal with trustees.
The firm will make a special £5m payment in two equal installments and three annual payments of £170,000 towards the operating costs of the Jacques Vert Scheme which was set up earlier this year to...
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date