News

UK: Britvic silent on pension saving

Most popular

Consumers need help in making healthier choices

just-drinks interview - Monkey 47

Pernod is buying Malfy for the flavour - comment

Wine in 2021 - just-drinks predicts

Can 'community commerce' solve DTC woes?

MORE

Britvic has remained silent on the savings it will make on the closure of future accruals to its UK defined-benefit pension scheme.

//i4.progressivedigitalmedia.com/1/britvic2.jpg

A Financial News report said today (13 June) that the closure will save Britvic GBP13.8m (US$22.5m). However, the company declined to comment when contacted by just-drinks.

In December 2010, Britvic announced that it would begin a consultation with UK employees over the closure of the defined-benefit section of the Britvic Pension Plan (BPP) to future accrual for active members.

The defined-benefit section of the BPP has been closed to new members since 1 August 2002. All staff employed since then have been eligible to join the defined-contribution section only.


Sectors: Soft drinks, Water

Related Content

Fuller, Smith & Turner to furlough employees after on-premise shutdown

Fuller, Smith & Turner to furlough employees after on-premise shutdown...

Serious sustainability, channel-blurring, new tech and hyper-personalisation - The future of soft drinks according to Britvic – Focus

Serious sustainability, channel-blurring, new tech and hyper-personalisation - The future of soft dr...

Why the spirits category offers hope for the on-premise - comment

Why the spirits category offers hope for the on-premise - comment...

Britvic outruns cold conditions to post H1 2018 sales rise - results

Britvic outruns cold conditions to post H1 2018 sales rise - results...

Oops! This article is copy protected.

Why can’t I copy the text on this page?

The ability to copy articles is specially reserved for people who are part of a group membership.

How do I become a group member?

To find out how you and your team can copy and share articles and save money as part of a group membership call Sean Clinton on
+44 (0)1527 573 736 or complete this form..



Forgot your password?