The Daily Mail and General Trust is to use proceeds from the £50m sale of its local newspaper business to plug its pension deficit.
The publisher announced the sale today and said the cash would be split between additional contributions to its schemes and funding acquisitions. A spokesman for the group said the contributions...
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