skip to content

Other

Atkins pension plan agreement

05 April 2017 07:35

WS Atkins has reached agreement with the trustee of the Atkins Pension Plan on the 2016 triennial actuarial funding valuation and associated recovery plan. The group said that at 31 March 2016 the valuation showed a funding deficit of £318 million.

It said: "A level of company contributions has been agreed over a repayment plan period to March 2025, consistent with the 2013 repayment plan.

"The Group will pay £34.5 million in the financial year to 31 March 2018, with payments in the following years escalating at 2.5% per annum."

Story provided by StockMarketWire.com

Related Company: ATK

Info Point:

To buy or sell shares call our Dealing Room on 0113 243 6941.

Too much jargon? Our glossary will help make sense of things.

Find out more about our Share Dealing Services.

Client Area Access

» Secure Login

» Not registered yet?

-

Branch Finder

Redmayne-Bentley have High Street branches throughout the UK. Find your nearest branch.