Unilever's scheme deficit rose by €500m in 2012 due to falling discount rates and a 33% fall in the value of its assets.
Its net pension deficit rose from €3.2 in 2011 to €3.7bn in December last year. Asset values fell from €1,003m to €672m (33%) while liabilities increased by €125m to €4,331m (3%) due to a fall i...
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
