The Pensions Regulator has launched an investigation into the buy-out of Kidderminster carpet maker Brintons after the firm's pension liabilities were off-loaded to the Pension Protection Fund.
The regulator will look into the purchase by private equity firm The Carlyle Group to see if there is a case to use its powers after the 1,500 scheme, which has a £10.5m deficit, went into assessme...
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