Fuller's to boost DB funding from proceeds of beer business sale

Stephanie Baxter
clock • 1 min read

Pub and hotel giant Fuller's will make an additional contribution to its defined benefit (DB) pension scheme following the proposed sale of its entire beer business.

The company has entered into an agreement to sell the business to Asahi Europe for £250m in order to focus on its core pub and hotel operations which generate 87% of total profits. Today's (25 J...

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

Professional Pensions' DB Funding Index

Professional Pensions' DB Funding Index

How the funding of defined benefit pension schemes is changing

Jonathan Stapleton
clock 10 September 2024 • 1 min read
DB surpluses remained 'positive' during August, XPS says

DB surpluses remained 'positive' during August, XPS says

Consultancy reveals DB pension surpluses remained stable during last month at £176bn

Holly Roach
clock 09 September 2024 • 1 min read
Tender Watch: LPFA selects vote monitoring service partner

Tender Watch: LPFA selects vote monitoring service partner

The £8bn LGPS fund has appointed Minerva as its vote monitoring service partner

Professional Pensions
clock 09 September 2024 • 1 min read
Trustpilot