Quantcast
Menu
Save, make, understand money

News

Reuters to address pensions deficit

Your Money
Written By:
Your Money
Posted:
Updated:
26/03/2024

Reuters plans to invest £230 million in its two UK pension funds via over the next two years.

The cash injection should make up for most of the £265 million deficit the information services company recorded last year.

Reuters announced yesterday that it would pay £188 million into the two final-salary pension funds this year and £42 million in 2007, in addition to its ordinary pension contributions.

It said these contributions to the funds would not affect investment in its growth initiatives or its share buyback programme.


Tags:
Share: