TITLE

Pension deficit is only dent in CIPD cash pile

AUTHOR(S)
Pitcher, Greg
PUB. DATE
November 2008
SOURCE
Personnel Today;11/4/2008, p4
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article offers information on the Chartered Institute of Personnel & Development (CIPD) annual report which reveals a steep increase in pension liabilities that has wiped £5m off the value of the CIPD in 12 months. The body's defined benefit pension scheme is now a £7m blot on its otherwise sparkling balance sheet. A CIPD spokesman said that they had a very good year. Income is up 10%, commercially they are performing well and membership is growing.
ACCESSION #
35577355

 

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