It was announced last week that the Kodak Pension Plan (KPP) saga was moving onto the next stage. With the support of the regulator and the Pension Protection Fund (PPF), and the approval of the majority of members, trustees of the plan will launch a new scheme next year.
As a result, the crisis-hit sponsor has been allowed to emerge from bankruptcy in the US and the vast majority of members will receive more in benefits than if the firm had been allowed to go to th...
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