TPR in talks with Interserve scheme trustees amid recovery plan talks

Kim Kaveh
clock • 1 min read

The Pensions Regulator (TPR) is "working closely" with government contractor Interserve and the trustees of its defined benefit (DB) pension schemes, it has confirmed.

It comes after a warning to its shareholders on 9 December that plans to deleverage its balance sheet could result in "material dilution". The construction giant - which has 75,000 employees - plan...

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