First Group reports £24m growth in pension deficit

Holly Roach
clock • 2 min read

First Group has reported an increase in its pension deficit in the first half of the year, but says trading is “in line with expectations”.

The firm's half year results - published today (14 November) - revealed a slight boost in revenue compared to the first half of the previous year from £3.3m to £3.5m. This comes after it began i...

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 Industry

PLSA sets out key policy priorities with work planned on adequacy, consolidation and investment

PLSA sets out key policy priorities with work planned on adequacy, consolidation and investment

Trade body says 2025 is likely to be a ‘watershed’ year for the industry

Martin Richmond
clock 08 April 2025 • 3 min read
Raft of pension policy proposals could 'unlock' billions for UK economy

Raft of pension policy proposals could 'unlock' billions for UK economy

Hymans paper says reforms to pensions policy could provide Treasury with £28.5bn a year

Martin Richmond
clock 08 April 2025 • 4 min read
Buzz: Should pension savers be able to access funds early to help purchase a house?

Buzz: Should pension savers be able to access funds early to help purchase a house?

Early access to pensions to purchase a house, TPR extension of oversight and Trump tariffs

Professional Pensions
clock 07 April 2025 • 1 min read
Trustpilot