Cookson to offer ETV to deferred members despite surplus

clock

Cookson is to offer deferred members of its defined benefit scheme an enhanced transfer value to leave the scheme to cut its future liabilities.

The materials science company also said it would switch to using the Consumer Prices Index to value the benefits of the scheme's remaining members. The offer was revealed in the company's half y...

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