G4S shuts DB schemes for existing members

clock

G4S has closed its three UK defined benefit schemes to future accrual to limit the future growth of liabilities.

The global security group revealed in its half yearly report, published today, that it had shut the Group 4, Securicor and GSL schemes with effect as of July 2011. The schemes have a combined de...

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: Active Run-on

Partner Insight: Active Run-on

A New Endgame Strategy for Defined Benefit Schemes

Aon
clock 16 April 2025 • 2 min read
Partner Insight: Funded Reinsurance

Partner Insight: Funded Reinsurance

PRA Reaffirms Focus For 2025

Aon
clock 16 April 2025 • 1 min read
Partner Insight: The UK Risk Settlement Market, Endgame Is Near — Are You Ready?

Partner Insight: The UK Risk Settlement Market, Endgame Is Near — Are You Ready?

Aon
clock 16 April 2025 • 2 min read
Trustpilot