Business as usual for Debenhams' schemes after sponsor administration
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 Executive...
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Latest issue - 17 October 2019
This week's edition of Professional Pensions is out now.