Sir Philip Green has agreed with The Pensions Regulator (TPR) to plunge an additional £25m into Arcadia's pension funds, paving the way for a restructure of his empire.
This brings the total security value to the £210m required to secure the backing of the Pension Protection Fund (PPF), which is the company's largest creditor and will now vote in favour of Arcadia's company...
Kim Gubler says the project to deliver the pensions dashboard is on track and that talk of a delay is incorrect.
The Debenhams brand and website has been acquired by online fashion retailer Boohoo for £55m, although the pension scheme, shops, and stock will not be purchased.
Eight major pension fund executives have called on prime minister Boris Johnson and the government to allow the financial sector to contribute to the UK’s decarbonisation efforts ahead of the COP26 summit in Glasgow.
A pension benchmark for future living standards is necessary and feasible if enough attention is given to formulating an accreditation that will work for both employers and employees, the Resolution Foundation says.
The UK Pensions Awards 2021 – which celebrate excellence within the pensions industry – are now open for entries.