Kesa Electricals has cut the liabilities of its UK pension scheme by more than £20m through enhanced transfer and buyout exercises.
The group - which owns the Comet chain - revealed in its full year results, published today, that its net liabilities stood at £40.7m. The 5,300 member Comet Pension Scheme closed to new members...
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
