The Pensions Regulator is in talks with the trustee and sponsor of the Dawson International pension schemes to find a way to plug its £50m deficit.
The Scottish textile manufacturer - whose workforce has shrunk dramatically from 12,000 to 200 - is now dwarfed by its pension scheme and suffering severe cashflow problems. The scheme has fewer...
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, 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
