Toys R Us restructuring 'could fail unless it pays '£9m pension bill'

Stephanie Baxter
clock • 4 min read

Toys R Us may have to pay around £9m into its defined benefit (DB) scheme so its restructuring deal can be agreed by the Pension Protection Fund (PPF), according to reports.

A vote will be held this Thursday 21 December on the proposed company voluntary agreement (CVA), a process which allows companies to restructure their finances, and requires the approval of a 75% m...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • 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

Join now

 

Already a Professional Pensions
member?

Login

More on Risk Reduction

Industrials sector scheme completes £105m full buy-in with Canada Life

Industrials sector scheme completes £105m full buy-in with Canada Life

Risk reduction transaction secures the benefits of over 1,800 pensioners and deferred members

Martin Richmond
clock 10 March 2026 • 1 min read
Athora receives regulatory approval for PIC acquisition

Athora receives regulatory approval for PIC acquisition

PRA greenlights £5.7bn takeover deal as Athora raises £3bn in new equity

Jonathan Stapleton
clock 06 March 2026 • 1 min read
Safeway scheme secures £80m buy-in with Canada Life

Safeway scheme secures £80m buy-in with Canada Life

BPA transaction secures the benefits of 350 deferred members and 1,450 pensioners

Martin Richmond
clock 02 March 2026 • 2 min read
Trustpilot