McColl's schemes exit PPF to sit under Morrisons group

New sponsoring employer for the two DB schemes announced

Hope William-Smith
clock • 2 min read
McColl's schemes exit PPF to sit under Morrisons group

Morrisons has completed its rescue of the two McColl’s pension schemes following its acquisition of the wider retail group in May.

The trustees of the two defined benefit schemes - the TM Pension Plan (TMPP) and the TM Group Pension Scheme (TMGPS) - confirmed that Morrisons subsidiary Alliance Property Holdings will become the...

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