PZ Cussons schemes' surplus hits £19.3m

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PZ Cussons three UK defined benefit (DB) schemes' total surplus has grown £4m to £19.3m as of 30 November 2013, compared to 2012's figure of £15m.

The schemes, which are closed to future accrual, saw the aggregate surplus figure grow as a result of changes to the discount rate and inflation assumptions as well as employer contributions. Th...

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