Regulator hits Guinness Peat with warning notice over Coats scheme

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The Pensions Regulator (TPR) has issued a warning notice to Guinness Peat Group in an attempt to force it to pay more money into the Coats Pension Plan.

The notice is the latest step in a long-running investigation into three schemes linked to the company which was launched after a 2011 restructuring. It warns that the scheme is insufficiently r...

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