Corus announces pension surplus of £865m

UK- Steelmaker Corus has bucked the trend of companies disclosing deficits on their pension funds by announcing an expected surplus of £865m on its £11.3bn (e18.4bn) scheme. The steelmaker says it has no plans to use the surplus, despite debts of £1.6bn. Instead, it will enable the company to ease ...

You have now reached your article limit

Already a registered user or member? Sign in here

To continue reading, register free today for access

Register Now

Registration also includes access to

IPE Real Assets

Gated access promo

Five reasons to register today

  1. Access to IPE articles from our award-winning editorial team
  2. Unique IPE market data, rankings and tables
  3. In-depth interviews with pension fund leaders
  4. Extensive coverage of latest asset class trends
  5. Comprehensive archive of data, research and intelligence