Costain scheme trustees revise pension contribution plan

Half-year results show contribution plan will now consist of annual payments of £3.3m

Martin Richmond
clock • 2 min read
Costain scheme trustees revise pension contribution plan

The Costain Group has announced it has reached an agreement with the trustees of its defined benefit pension scheme to restructure the contribution plan of payments, according to its half-year results.

The results, published today (23 August) on the London Stock Exchange, revealed the new pension contribution plan of the scheme will run from 1 July 2023 to 31 March 2027 consisting of an annual pa...

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 Industry

Smart expands partnership with Amazon Web Services to support development of Keystone

Smart expands partnership with Amazon Web Services to support development of Keystone

Firm said partnership extension will enable ‘rapid global expansion’ through cloud infrastructure

Holly Roach
clock 30 April 2025 • 1 min read
Pensions minister confirms legislation to expand CDC to be laid in the Autumn

Pensions minister confirms legislation to expand CDC to be laid in the Autumn

DWP says ‘innovative’ funds will deliver higher incomes and lower risks for pensioners

Holly Roach
clock 30 April 2025 • 2 min read
Five pension providers retain gold financial wellness ratings

Five pension providers retain gold financial wellness ratings

Survey shows providers were awarded gold rating across several of their member offerings

Martin Richmond
clock 30 April 2025 • 2 min read
Trustpilot