Coats agrees recovery plan as TPR investigation continues

Stephanie Baxter
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Trustees of the Brunel pension fund have agreed a recovery plan with the scheme's sponsor, which is being investigated by The Pensions Regulator (TPR) over concerns about a corporate restructuring.

Sponsoring employer Coats Group will put £5.5m into the scheme each year after agreeing the March 2013 triennial funding valuation with the trustees, the manufacturing firm said in its latest tradi...

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