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Brief
On March 11, 2023, The Pensions Regulator (TPR) issued an update regarding An extra £25m will be paid into the MGN Pension Scheme following TPR engagement. This was made possible after a regulatory intervention report detailing its response to a failure to agree on a scheme triennial valuation between Reach Plc and the MGN Pension Scheme, resulting in the scheme being fully funded by January 2028.
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