Department store John Lewis has cut more than £330m from its defined benefit deficit this year, half year results reveal.
The firm has taken a series of measures in an attempt to reduce its shortfall, which stood at £904.6m at the end of 2009. In February, John Lewis entered into a Pension Funding Partnership with ...
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
