ETV and index switch boost Cookson surplus by two thirds

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Cookson has increased its UK pensions surplus as an ongoing enhanced transfer value exercise and inflation index switch boosted funding levels by more than £13m.

The material science firm's full year results, published today, revealed an IAS19 surplus of £65.6m as at the end of December - up from £20.6m six months earlier. The company said this was as a ...

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