Call: 0300 123 1047

Call: 0300 123 1047

Webchat
Ask Us

Philips tells members that final salary scheme is healthy

Electronics company Philips has told final salary scheme members that following a £400m cash injection, the scheme is now fully funded.

The scheme trustees said: "We first began working to create a closer match for the fund's final salary liabilities around ten years ago. The plan is now fully funded and the financial tools to help us achieve a closer match are well established."