Regulator clears printer Polestar to sever ties at cost of £45m

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THE PENSIONS Regulator has cleared printer Polestar to sever ties with its pension scheme in return for a payment of £45m.

The company has agreed to pay the sum over a 12-year period to help the £425m scheme clear its £130m deficit. Law firm Allen & Overy said the sponsor risked insolvency because of its trading and ...

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