Greencore has set up an asset-backed contribution structure (ABC) to fund a £40m deficit in one of its defined benefit (DB) schemes.
The convenience food manufacturer revealed in its full year results, published today, that it had entered into the agreement with the Hazlewood Foods Retirement Benefits Scheme in May. The group...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- 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
