ITV sets out new scheme deficit reduction plan

The pension scheme has revised its existing plan to eliminate the £252m deficit

Holly Roach
clock • 1 min read
ITV sets out new scheme deficit reduction plan

The ITV Pension Scheme has set out its new deficit reduction contribution plan to eliminate the deficit of £252m.

In its latest trading update - published today (11 May) - ITV noted that on the basis agreed with the trustee, the deficit as at 1 January 2020 sat at £252m, down from £489m at 1 January 2017. T...

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

Pension funds set to boost scenario modelling spending, survey finds

Pension funds set to boost scenario modelling spending, survey finds

Survey finds most fund executives likely to up contributions as increasing risks predicted

Holly Roach
clock 20 February 2025 • 1 min read
Torsten Bell sets out pension challenges and solutions in paperback edition of book

Torsten Bell sets out pension challenges and solutions in paperback edition of book

Calls to enable more active ownership of UK shares and to increase AE minimums

Jonathan Stapleton
clock 20 February 2025 • 4 min read
Lloyds reports 16% revenue growth in pensions division; reveals fall in DB surplus

Lloyds reports 16% revenue growth in pensions division; reveals fall in DB surplus

Growth in bank’s insurance arm partly driven by strong performance in workplace pensions

Jonathan Stapleton
clock 20 February 2025 • 3 min read
Trustpilot