Scheme liabilities force Readers Digest UK into administration

clock

Readers Digest UK has gone into administration after The Pensions Regulator vetoed an agreement to settle its long-standing pension scheme liability.

The publisher's survival had hinged on the regulator approving a deal between Readers Digest Association UK (RDA UK), the scheme trustees and the Pension Protection Fund. The deal comprised a lu...

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

Join now

 

Already a Professional Pensions
member?

Login

More on Regulation

Many savers fear smaller pension pots under salary sacrifice reforms

Many savers fear smaller pension pots under salary sacrifice reforms

Pensions UK finds two thirds think changes will mean paying more national insurance

Jasmine Urquhart
clock 07 January 2026 • 2 min read
TPR launches multi-employer CDC consultation

TPR launches multi-employer CDC consultation

Consultation builds on single-employer CDC code launched in October

Jasmine Urquhart
clock 19 December 2025 • 4 min read
SPP responds to LGPS fairness consultation

SPP responds to LGPS fairness consultation

SPP supports better LGPS access for mayors, but comments on access for outsourced workers

Jasmine Urquhart
clock 09 December 2025 • 2 min read
Trustpilot