TPR and Coats agree £255m settlement
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 their...
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Is mediation set to become the new normal for pension disputes?
Mediation has been under-utilised historically as a means of dispute resolution in this area. Mark Blyth and Geoff Egerton think this is going to change.
