Green up to 'old tricks' over plans to halve Arcadia pension funding, warn MPs

Kim Kaveh
clock • 2 min read

The Work and Pensions Committee (WPC) has criticised Arcadia's proposals to halve the deficit recovery contributions of its pension schemes as part of a company restructure.

It comes as reports emerged over the weekend that Arcadia owner Sir Philip Green - also former owner of BHS - is planning to reduce the annual funding for the Arcadia Group Pension Scheme and Senio...

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