Cookson ETV transfers £50m of liabilities

clock

Cookson has transferred £50m of liabilities out of its defined benefit scheme through an enhanced transfer value exercise.

The materials science firm's half yearly report - published today - revealed the offer to transfer was ultimately taken up by 550 scheme members. It said the exercise - announced earlier this ye...

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 Risk Management

Partner Insight: Smaller transactions – embracing the changing market landscape

Partner Insight: Smaller transactions – embracing the changing market landscape

Joe Hathaway, associate partner in risk settlement at Aon
clock 30 October 2024 • 4 min read
Strong LGPS funding could mean lower 'stable' contribution rates

Strong LGPS funding could mean lower 'stable' contribution rates

Isio’s Low-Risk Funding Index finds LGPS funding remained at 112% in Q3, with a £44bn surplus

Jasmine Urquhart
clock 24 October 2024 • 2 min read
LCP predicts 'flurry' of large transactions in H2 2024

LCP predicts 'flurry' of large transactions in H2 2024

Consultancy says smaller schemes dominated market activity in H1, with £40bn of transactions predicted

Jasmine Urquhart
clock 25 September 2024 • 3 min read
Trustpilot