Telecoms giant Cable & Wireless will pump an extra £30m into its defined benefit pension scheme following the demerger of C&W Worldwide and C&W Communication.
The company had already agreed a deal with the trustees last year to transfer £70m into the scheme over a three year period. However, following confirmation of the split the firm sought to secur...
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
