During the Scheme year under review, employees of UK companies within the Kingfisher Group were able to join the Kingfisher Pension Scheme, subject to certain eligibility conditions.

The Pension Scheme is a hybrid scheme, providing ‘money purchase’ benefits (i.e. based on what a member’s accumulated fund value will purchase at retirement) for all employees recruited on or after 1 April 2004 or who otherwise elect to be provided with such benefits and ‘final salary’ benefits (i.e. based on a member’s salary and service) for employees who joined the Scheme before 1 April 2004.

This Report gives information about the Scheme and its management during the Scheme year 2005/2006.

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