Johnston Press agrees contribution hike to plug £100m deficit

clock •

Johnston Press has boosted contributions to its scheme by 60% after seeing its shortfall double last year.

The local newspaper publisher's interim results for the first six months of the year reveal it has agreed to increase annual contributions from £2.2m to £5.7m after completing its latest triennial ...

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

Author spotlight

Jack Jones

View profile
More from Jack Jones

TPR's four priorities for 2016

FTSE 100 drops 3% to below 6,000 after China suspends trading for second time

More on Defined Benefit

Charity DB schemes' positive funding levels to encourage focus on endgame planning
Defined Benefit

Charity DB schemes' positive funding levels to encourage focus on endgame planning

Spence report finds 44% of charities no longer making deficit recovery contributions

Martin Richmond
Martin Richmond
clock 10 April 2025 • 3 min read
DB transfer compensation drops in Q1, Broadstone finds
Defined Benefit

DB transfer compensation drops in Q1, Broadstone finds

But firm says if markets continue to fall, redress levels will likely rise back up

Holly Roach
Holly Roach
clock 10 April 2025 • 1 min read
PPF 7800 aggregate surplus falls by £17bn in March
Defined Benefit

PPF 7800 aggregate surplus falls by £17bn in March

Lifeboat fund’s index shows funding ratio dropped by 1.4% in March to 124.7%

Martin Richmond
Martin Richmond
clock 08 April 2025 • 3 min read
Trustpilot