Cineworld has revealed it completed a buyout for its defined benefit (DB) pension scheme with Aviva Annuity UK last December at a cost of £4.8m.
The cinema chain, which used to be known as Metro-Goldwyn-Mayer (MGM), agreed the deal for the MGM pension scheme on 15 December 2016, with all members' benefits being secured by Aviva. The sche...
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