Business as usual for Debenhams' schemes after sponsor administration

Kim Kaveh
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Debenhams went into administration yesterday
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Debenhams went into administration yesterday

Debenhams' defined benefit (DB) pension schemes will be "carrying on as usual" despite the department store chain falling into administration, the trustees have confirmed.

The struggling retailer had agreed a £200m refinancing lifeline with lenders at the end of March, which included support for its two schemes:  the Debenhams Retirement Scheme and the Debenhams Exec...

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