Dunnes Stores DC trustees replaced after 'governance failures'

Kim Kaveh
clock • 2 min read

Pension trustees of Dunnes Stores in Northern Ireland have been stopped from running its defined contribution (DC) scheme by The Pensions Regulator (TPR), following "a catalogue of governance failures".

The watchdog appointed an independent trustee to protect savers working for the high street retailer, to oversee the Dunnes Stores (Bangor) Limited Management Pension Scheme. According to TPR, the ...

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