UK - Independent trustees at the now-defunct Restawile Upholstery scheme are looking at whether cash in a staff scheme was used to fund directors' pensions.
Alexander Forbes, which was appointed independent trustee by receivers KPMG to wind-up the scheme, says Restawile had a final salary plan for its 15 or so staff and a defined contribution arrangeme...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
- 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

