GKN has knocked £28m off its UK scheme deficit since December thanks to asset value gains arising from its asset-backed partnership arrangement.
The technology and engineering firm's half yearly report for the six months ended 30 June, published today, revealed a deficit of £56m, compared with the December 2010 year end figure of £84m. I...
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