BHS trustees: £363m cash injection delivers 'improved and sustainable benefits' for members
The landmark agreement between the regulator and Sir Philip Green over British Home Stores (BHS), which will enable members to avoid the Pension Protection Fund (PPF), has been welcomed by the trustees.
On 28 February The Pensions Regulator (TPR) reached a deal with Sir Philip Green to make a voluntary cash payment of £343m to enable members to get higher benefits than they would in the PPF. The former...
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