PPF receives s120 insolvency notice for Austin Reed

Stephanie Baxter
clock • 2 min read

The Pension Protection Fund (PPF) has received formal notification from Austin Reed's administrators, which could trigger an assessment period for its pension scheme.

It comes as the 116-year-old high street retailer filed for insolvency on 26 April just a day after British Home Stores (BHS) called in the administrators. The privately owned company operates o...

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