Premier Foods reveals smaller pension surplus following DB schemes merger

clock • 2 min read

The surplus of Premier Foods’ combined defined benefit (DB) schemes has fallen a year after its landmark pensions merger, according to the retailer’s latest annual results.

In April 2020, the company's board announced a segregated merger of the RHM, Premier Foods, and Premier Grocery Products pension schemes, to allow for redistribution of surplus funding in the event...

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