TPR: BHS trustees did not tell us about sale to Retail Acquisitions

Michael Klimes
clock • 2 min read

The British Home Stores (BHS) pension trustees did not flag up concerns to the regulator about last year's sale to Retail Acquisitions, according to Lesley Titcomb.

The Pensions Regulator's (TPR) chief executive (pictured) made the comments while giving evidence yesterday to the Work and Pensions Committee (WPC) as part of its inquiry into the collapsed retail...

To continue reading this article...

Join Professional Pensions

  • Unlimited access to real-time news, analysis and opinion from the industry
  • Receive our in-depth monthly magazine in either print or digital format
  • Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
  • Receive important and breaking news stories selected by the Editors in our daily newsletter
  • Hear from industry experts and other forward-thinking leaders
  • Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date

Join now

 

Already a Professional Pensions
member?

Login

More on Defined Benefit

Most DB pension schemes now have a professional trustee

Most DB pension schemes now have a professional trustee

Aon says number of professional trustees expected to rise for most DB schemes

Jasmine Urquhart
clock 07 June 2024 • 1 min read
Broadstone: 50% hedged scheme approaches full funding

Broadstone: 50% hedged scheme approaches full funding

Broadstone Sirius Index finds fully hedged scheme reaches 68% funding

Jasmine Urquhart
clock 06 June 2024 • 1 min read
Professional Pensions' DB Funding Index

Professional Pensions' DB Funding Index

How the funding of defined benefit pension schemes is changing

Jonathan Stapleton
clock 06 June 2024 • 1 min read
Trustpilot