Marshalls paves way to scheme surplus increase

Building materials firm says surplus has more than doubled over past 12 months

Jonathan Stapleton
clock • 1 min read
Marshalls manufactures building materials such as slates and landscaping materials
Image:

Marshalls manufactures building materials such as slates and landscaping materials

Marshalls has published its full year results – revealing its £228.3m pension scheme has a surplus of £24.1m on an IAS 19 basis.

The building products firm said The Marshalls Pension Scheme saw its liabilities fall from £239.4m to £204.2m in the year to 31 December 2024. At the same time assets fell from £250.4m to £228.3m. ...

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 Video: Risk settlement for defined benefit pension schemes

Partner Insight Video: Risk settlement for defined benefit pension schemes

Leah Evans, partner at Aon
clock 25 April 2025 • 1 min read
Partner Insight: Understanding your current pension scheme surplus options

Partner Insight: Understanding your current pension scheme surplus options

Aon
clock 24 April 2025 • 1 min read
TPR: Superfund market needs scale to take on small schemes

TPR: Superfund market needs scale to take on small schemes

TPR blog champions role of superfunds and confirms DB consolidation is a ‘positive’

Jasmine Urquhart
clock 23 April 2025 • 2 min read
Trustpilot