WPC calls for stronger governance rules for large private firms after BHS

Stephanie Baxter
clock • 3 min read

The Work and Pensions Committee (WPC) has urged the government to introduce new extra duties on big private companies and directors to prevent another BHS failure.

It wants private companies with large defined benefit (DB) pension schemes to be subject to corporate governance rules that currently only apply to public listed companies. Also, it said company di...

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