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“BAE is doing the right thing by reducing the recovery period, with a £1bn one-off contribution now, plus £0.25bn in each of 2020 and 2021,” said John Ralfe, an independent pension consultant.
BAE pension funds' assets were £27.7 billion as of Dec. 31, up from £25.7 billion at the end of 2018. Related Articles. Huntington Ingalls to ship out $205 million in pension contributions this ...
The trustees of two BAE Systems pensions schemes have appointed Goldman Sachs Asset Management to manage 23 billion pounds ($28.88 billion) in defined benefit pension scheme assets, the fund ...
Tens of thousands of workers at BAE Systems face the prospect of having to make still higher pension contributions after the company disclosed yesterday that the deficit in its scheme soared by £ ...
BAE Systems would have to double its pension contributions to £550m a year to meet its ambitious plans for cutting the deficit in the scheme by 60 per cent, one of the country's leading pension ...
BAE Systems has opened a new front in the campaign against Scottish independence, with the defence group’s chief executive highlighting the impact a break up of the union could have on employee ...
LONDON, July 30 (Reuters) - Britain's BAE Systems said its main pension deficit had ballooned some 30 percent to over 3 billion pounds ($4.91 billion) during the first half, sending the defence ...
HAMPSHIRE based defence giant BAE Systems is understood to be planning to make a £500 million cash injection into its pension fund.
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