DMGT is set to agree a 12-year deficit recovery plan with trustees which will pump about £344m into the defined benefit scheme, results show.
DMGT, the media conglomerate which publishes the Daily Mail, said the IAS19 accounting deficit of the group's DB scheme fell from £271m at the beginning of the year to £198m at the half year point....
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