Sections

Merger benefits

Diageo, the international food and drinks group formed from the merger of GrandMet and Guiness has an-nounced it will merge its UK pension schemes from April 1. The new scheme will mean an increased level of cover for members of the GUD (Guiness fund) and also allow Diageo to extend the suspension of its pension contributions, providing a significant cash flow benefit.

Have your say

You must sign in to make a comment