Administration costs for British Home Stores (BHS) are £1.3m higher than estimates given last June according to documents published by the Work and Pension Committee (WPC).
A record of correspondence from administrators Duff & Phelps and FRP Advisory reveals how their fees have ratcheted upwards from original estimates. The first administrators, Duff & Phelps, were appointed...
Savers are being warned by the Insolvency Service to guard their pension pots from investment scammers and negligent trustees as it winds up 24 companies.
Respondents say they should only be required in certain situations as the system is not broken.
Smart Pension has absorbed more than 6,500 members from the Corporate Pensions Trust (CPT) after its trustees decided not to apply for authorisation.