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

UK inflation drops to 2.6% to bring 'fleeting' relief as fuel prices fall

UK inflation drops to 2.6% to bring 'fleeting' relief as fuel prices fall

BoE rate hike priced in for 2026

Michael Nelson
clock 22 July 2026 • 4 min read
News Digest: Pension funds may regret benchmarking their PE portfolios to stocks

News Digest: Pension funds may regret benchmarking their PE portfolios to stocks

PP brings together all the latest news on pensions from across the national and financial media

Professional Pensions
clock 22 July 2026 • 1 min read
John Healey named Chancellor of the Exchequer in 'surprise' appointment

John Healey named Chancellor of the Exchequer in 'surprise' appointment

Following speculation

Cristian Angeloni
clock 21 July 2026 • 2 min read
Trustpilot