UK - Scottish conglomerate CJ Lang & Son has blamed the closure of its DB scheme for a £2m drop in profits.
The company, which owns the Spar convenience stores, has blamed its poor performance on the “exceptional costs” incurred in making provisions for the closure of its pension scheme. CJ Lang & Son...
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
