Mothercare pension scheme deficit drops to £60m

The scheme agreed a reduction in payments to reduce annual cash cost going forward

Holly Roach
clock • 2 min read
Mothercare pension scheme deficit drops to £60m

Mothercare’s pension scheme deficit materially reduced to £60m as at June 2022, according to its full-year results.

The firm's results - published yesterday (13 September) - revealed the pension deficit had dropped to £60m compared to the £124.6m recorded at the last full valuation of the Mothercare UK schemes 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

AJ Bell CEO cautions chancellor over proposed pension IHT changes

AJ Bell CEO cautions chancellor over proposed pension IHT changes

Michael Summersgill says proposals risk 'fundamentally undermining' UK pensions system

Linus Uhlig
clock 25 November 2024 • 3 min read
PMI launches special interest group for trustees

PMI launches special interest group for trustees

Group will provide trustees a forum to ‘interact and provide mutual support’

Jasmine Urquhart
clock 25 November 2024 • 1 min read
Professional Pensions: Stories of the week

Professional Pensions: Stories of the week

DC consolidation concern, TPO order for trustee director, CDC consultation responses

Professional Pensions
clock 22 November 2024 • 1 min read
Trustpilot