Firms post increase in surpluses following changes in discount rate assumptions
Half-year results show contribution plan will now consist of annual payments of £3.3m
The defined benefit (DB) Costain Pension Scheme has appointed Trafalgar House as administrator following its decision to outsource for the first time.
Costain Group's defined benefit (DB) scheme deficit has risen by £16.9m in one year, according to its interim report.
Engineering solutions provider Costain Group has taken further steps to manage obligations in its legacy defined benefit (DB) scheme.