Brintons scheme enters PPF assessment after pre-pack insolvency

clock

The Brintons Limited Staff Pension and Life Assurance Plan has entered Pension Protection Fund assessment after private equity firm Carlyle triggered its sponsor's insolvency then bought the business.

Carlyle placed Brintons into administration on 2 September - a week after acquiring its senior debt - and bought its business and assets through a newly-created vehicle Brintons Carpets on the same...

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 Defined Benefit

LCP urges DB schemes to take action ahead of 'marathon' 2026

LCP urges DB schemes to take action ahead of 'marathon' 2026

Consultancy highlights key areas for trustees to focus on to ‘hit the ground running’

Martin Richmond
clock 06 January 2026 • 3 min read
DB redress payments to remain 'historically low' in Q1

DB redress payments to remain 'historically low' in Q1

Modelling shows most consumers will not have suffered a loss as a result of transferring

Holly Roach
clock 06 January 2026 • 1 min read
Ros Altmann: Councils should consider LGPS contribution holidays to fund services

Ros Altmann: Councils should consider LGPS contribution holidays to fund services

Former pensions minister says move could ‘divert billions to local needs’

Jonathan Stapleton
clock 02 January 2026 • 1 min read
Trustpilot