The Pensions Regulator (TPR) has secured a £255m payment to save the benefits of 24,000 Coats Group scheme members, marking the start of the end to a three-year saga.
The payment, which will be split between the Coats Pension Plan and the Brunel Holdings Pension Scheme (BHPS) defined benefit (DB) schemes, will ensure 90% of the company's scheme members receive t...
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