Bernard Matthews

The Pensions Regulator (TPR) has decided not to take any action against Bernard Matthews after the food products business used a pre-pack administration to offload its pension scheme in 2016.

There are increasing concerns pre-pack administrations are being exploited to dump pension schemes into the PPF. Stephanie Baxter explores whether there is systemic misuse and if the regime is ripe for reform

This week's top stories include speculation about what the snap general election may mean for pensions, and Bernard Matthews' owners accused by MPs of throwing out a deal to save the DB scheme for their own benefit.

The Pension Protection Fund (PPF) has helped block the sale of a packaging firm after a potential buyer initiated plans to drop its pension scheme obligations.

The former owners of Bernard Matthews have been criticised for rejecting a takeover deal which would have stopped its defined benefit (DB) scheme from entering the Pension Protection Fund (PPF).

MP Frank Field has written to the regulator seeking more detail on the benefits secured for British Home Stores (BHS) pension scheme members from the deal struck with Sir Philip Green.

The biggest stories were MPs being told a rescue plan for Bernard Matthews appeared to dump the DB scheme, and why 'salami slicing' pensions tax relief could cost the government billions.

The pre-pack administration arrangement for turkey producer Bernard Matthews seems to have been designed to “dump” its pension scheme, the Work and Pensions Committee (WPC) has been told.