Costain scheme trustees revise pension contribution plan

Half-year results show contribution plan will now consist of annual payments of £3.3m

Martin Richmond
clock • 2 min read
Costain scheme trustees revise pension contribution plan

The Costain Group has announced it has reached an agreement with the trustees of its defined benefit pension scheme to restructure the contribution plan of payments, according to its half-year results.

The results, published today (23 August) on the London Stock Exchange, revealed the new pension contribution plan of the scheme will run from 1 July 2023 to 31 March 2027 consisting of an annual pa...

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

Issues around 'persistent' gender pensions gap expected to become more 'acute', WPC told

Issues around 'persistent' gender pensions gap expected to become more 'acute', WPC told

Industry says issues are becoming more ‘acute’ for younger generations

Martin Richmond
clock 22 January 2025 • 5 min read
HMRC overhauls pension withdrawal tax system after ten-year campaign

HMRC overhauls pension withdrawal tax system after ten-year campaign

Former pensions minister welcomes ‘victory’ ending system which overcharged pensioners by £1.3bn

Jasmine Urquhart
clock 22 January 2025 • 4 min read
Proposals on IHT pension changes need 'radical' revisions, industry says

Proposals on IHT pension changes need 'radical' revisions, industry says

Industry outlines alternative IHT/pension strategies as HMRC consultation closes

Jenna Brown
clock 22 January 2025 • 6 min read
Trustpilot