The Pensions Regulator (TPR) has given the trustees and sponsors of the Brunel and Staveley pension schemes an extra three months to respond to a warning notice issued last year.
Guinness Peat Group (GPG), which owns the sponsoring employers, said it had offered to stump up more money to support the schemes after the regulator and trustees rejected an initial £124m offer. ...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership, providing you access to:
- 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
