Bernard Matthews rescue plan 'appears to dump' DB scheme, MPs told

Michael Klimes
clock • 3 min read

The pre-pack administration arrangement for turkey producer Bernard Matthews seems to have been designed to “dump” its pension scheme, the Work and Pensions Committee (WPC) has been told.

In written evidence to the committee, University of Essex professor Prem Sikka examined how the deal undercuts the interests of pensioners in the company's defined benefit (DB) scheme. On 20 Sep...

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