M&S surplus grows to £220m

clock

The Marks & Spencer pension scheme's net surplus has grown from £168.5m to £221.2m over the last six months, driven by asset performance.

In its half yearly report, the retailer said the value of scheme assets increased by £326.8m between April and October. These gains were offset by a £274.4m increase in liabilities caused by a d...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Defined Benefit

Partner Insight: Risk settlement - Getting the best outcome in a growing and segmented market

Partner Insight: Risk settlement - Getting the best outcome in a growing and segmented market

Aon
clock 01 May 2025 • 1 min read
Partner Insight Video: Running on your defined benefit pension scheme

Partner Insight Video: Running on your defined benefit pension scheme

John Harvey, Partner at Aon
clock 30 April 2025 • 1 min read
DB transfer values fall to another record low in March, XPS finds

DB transfer values fall to another record low in March, XPS finds

Consultancy says Transfer Value Index remained below £150,000 throughout Q1 2025

Martin Richmond
clock 28 April 2025 • 2 min read
Trustpilot