BAUGUR, the Icelandic retail group, has reached a deal with trustees House of Fraser's pension scheme over its £106m deficit.
A source close to House of Fraser told The Business that the pensions issue was “done and dusted”. A pensions deal would clear the way for Baugur to make a formal bid for House of Fraser. It has already...
Most respondents in this week's Pensions Buzz do not think businesses should be able suspend AE contributions if in financial distress.
Former BHS owner Dominic Chappell has lost the appeal against his section 72 conviction and sentence for failing to hand over information to The Pensions Regulator (TPR).
This week's top stories include Marsh and McLennan Companies agreeing to buy JLT, and the home secretary calling for AE to be scrapped in a no-deal Brexit scenario.
Lesley Titcomb says the watchdog wants closer interactions with pension funds to spot problems sooner and act before having to use its more stringent powers