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BRIEF-Dairy Crest announces actuarial valuation agreed for Dairy Crest Group Pension Fund
September 8, 2017 / 6:09 AM / 19 days ago

BRIEF-Dairy Crest announces actuarial valuation agreed for Dairy Crest Group Pension Fund

Sept 8 (Reuters) - DAIRY CREST GROUP PLC:

* ‍ACTUARIAL VALUATION AGREED FOR DAIRY CREST GROUP PENSION FUND​

* ‍CASH CONTRIBUTIONS REDUCED BY £12 MILLION OVER NEXT TWO FINANCIAL YEARS​

* ‍ACTUARIAL DEFICIT REDUCED TO £100 MILLION AT MARCH 2016 (FROM £145 MILLION IN 2013); TO BE ADDRESSED BY RECOVERY PLAN TO MARCH 2022​

* 2016 ACTUARIAL VALUATION FOR DAIRY CREST GROUP PENSION FUND NOW AGREED AND INCORPORATES A CHANGE IN INDEXATION FROM RPI TO CPI​ Source text for Eikon: Further company coverage: (Bangalore.newsroom@thomsonreuters.com)

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