UPDATED: PPF reaches agreement with Toys R Us; CVA with creditors agreed

clock • 1 min read

The Pension Protection Fund (PPF) has reached a settlement with Toys R Us - a move that has paved the way for an agreement to be reached on the firm's Company Voluntary Arrangement (CVA).

As part of the agreement, Toys R Us has agreed to pay £9.8m into the pension plan - composed of £3.8m in 2018, with a further £6m promised over 2019 and 2020. The deal also sees the pension defi...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

DWP publishes growth goals for TPR

DWP publishes growth goals for TPR

The goals are measurable with specific key results to enable progress tracking

Holly Roach
clock 13 July 2026 • 4 min read
FRC issues updated actuarial standard to support expansion of CDC

FRC issues updated actuarial standard to support expansion of CDC

Standard will be effective for technical actuarial work completed on or after 31 July

Holly Roach
clock 10 July 2026 • 1 min read
Professional Pensions: Stories of the week

Professional Pensions: Stories of the week

PPF annual report, VLK DB research, Nest pay gap report

Professional Pensions
clock 10 July 2026 • 1 min read
Trustpilot