Unilever contributed £600m to pension deficit – Richard Farr comments in Pensions Expert
RIchard Farr was quoted in Pensions Expert on the news that Unilever had contributed £600m to its £1.2bn DB deficit.
Richard explained “Deficit contributions are generally used for de-risking purposes. Having said that, what you may find in some situations is the trustees have been maybe too prudent, in the employer’s mind,”
The full Pensions Expert article includes contributions from other industry professionals (subscription to Pensions Expert required to access the article).
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