UK - Retail giant Littlewoods has assured staff the £834m final salary scheme is safe following the firm's takeover by the Barclay brothers.
The pledge comes in the wake of widespread speculation that the scheme had slipped into deficit which might jeopardise the £750m takeover. But a statement from PricewaterhouseCoopers, which acted ...
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 for 12 months, 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
