Lady Tina Green has agreed to pay a £50m deficit recovery contribution (DRC) to Arcadia’s pension schemes earlier than scheduled.
The collapse of Sir Philip Green’s retail giant Arcadia must be met with clear solutions and support for its pension scheme, which looks likely to enter Pension Protection Fund (PPF) assessment, Stephen Timms has said.
The Pensions Regulator (TPR) has mooted pursuing Sir Philip and Lady Tina Green's overseas assets to ensure there are enough funds for the Arcadia pension schemes.
Cases such as The Pensions Regulator's (TPR) recent negotiations with Arcadia are at the top of the watchdog's agenda, its chief executive has told MPs.
The Pension Superfund has told Arcadia's pension scheme trustees that it stands by to "assist the scheme trustees to deliver members into a safe harbour" after the company's rescue deal was approved.
The Pensions Regulator (TPR) and The Pension Protection Fund (PPF) have approved amendments to Arcadia Group's company voluntary agreements (CVAs) ahead of a crucial creditors' meeting.
Arcadia has postponed votes on its seven company voluntary arrangement (CVA) proposals in order to "conduct further dialogue with a few landlords" in a bid to save the business from collapse.
This week's top stories included LCP appointing its first chief executive and Dunnes Stores' defined contribution scheme trustees being replaced after "governance failures".
Arcadia's two defined benefit (DB) pension schemes have been offered an extra £185m of security over property by Sir Philip Green in the event that it is needed in the future.
This week's top stories included The Pensions Regulator criticising Sir Philip Green's latest plans for the Arcadia pension schemes.
Mothercare's two schemes gained £1.6m after a pension increase exchange (PIE) exercise, one year after a company voluntary agreement (CVA) stopped the schemes entering the Pension Protection Fund (PPF).
Sir Philip Green's restructuring proposals for his retail giant Arcadia will not "adequately protect" its pension schemes' members, The Pensions Regulator (TPR) has said.
The Work and Pensions Committee (WPC) has criticised Arcadia's proposals to halve the deficit recovery contributions of its pension schemes as part of a company restructure.
The story of BHS is one of both outrage and happy endings. James Phillips speaks to trustee chairman Chris Martin and his advisers about the scheme's endgame journey
Sir Philip Green has urged Frank Field to "avoid another public spat" as the two heavyweights locked heads over any potential sale of high street conglomerate Arcadia.
Frank Field is to warn Sir Philip Green not to sell his Arcadia business without ensuring defined benefit (DB) pensions are adequately protected, PP can confirm.
The Pension Protection Fund's (PPF) decision to appoint an administrator for British Home Stores (BHS) independent of Sir Philip Green has been "vindicated" says Frank Field.
The Pensions Regulator (TPR) has begun formal enforcement action against a number of key protagonists and companies involved in the British Home Stores (BHS) saga.
The company which bought British Homes Stores (BHS) for £1 from Sir Philip Green maintains the pension schemes were not its responsibility.
MPs have concluded the regulator was not responsible for the collapse of plans to rescue the BHS pension schemes. Michael Klimes examines the report
The scrapping of Project Thor to save British Home Stores cannot be blamed on pension regulation, according to the watchdog's chief executive Lesley Titcomb.
Lesley Titcomb has suggested a number of measures which could enable The Pensions Regulator (TPR) to better help struggling defined benefit (DB) schemes to manage risks.
Dominic Chappell's claim the British Home Stores (BHS) trustees supported a proposal to restructure pensions before he bought the retailer is "incorrect and untrue" according to new evidence.
The Pensions Regulator chief executive has been recalled to provide further evidence to the parliamentary inquiry into British Home Stores.