ITV has used its London Television Centre property to set up a 25-year partnership to fund its defined benefit (DB) scheme.
The arrangement will net the scheme just over £2m a year, rising by 5% annually "if and to the extent that the scheme remains in deficit". It has no impact on the funding level of the scheme on ...
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