company voluntary arrangement
Debenhams fails to make pension payment as it prepares for administration
Debenhams has missed its April deficit recovery contribution (DRC) to its staff pension schemes as the struggling high street retailer files a notice of intent to appoint administrators amid the Covid-19 crisis.
PPF to revamp assessment panel with focus on pre-insolvency support
The Pension Protection Fund (PPF) has launched a retendering process for firms to sit on its assessment period trustee panel, with an increased focus on corporate restructures and insolvency proceedings.
Malcolm Weir: How the PPF deals with corporate restructures
The PPF is increasingly being called to vote on behalf of pension schemes in the event of a CVA process. James Phillips speaks to Malcolm Weir about the lifeboat fund’s capabilities.
PPF issues first guidance on CVA expectations
The Pension Protection Fund (PPF) has published its first official guidance on how it expects companies seeking company voluntary arrangements (CVAs) to set out their proposals.
House of Fraser scheme 'kingmaker' in restructuring approval
House of Fraser's defined benefit (DB) scheme has not been automatically placed into Pension Protection Fund (PPF) assessment despite restructuring plans, PP can confirm.
Mothercare schemes exit PPF assessment as restructure approved
Mothercare's defined benefit (DB) schemes have exited Pension Protection Fund (PPF) assessment after the struggling children's retailer's shareholders approved restructuring plans.
Mothercare schemes enter PPF assessment as retailer seeks major restructure
Struggling children's retailer Mothercare has announced plans to overhaul its store portfolio through a Company Voluntary Arrangement (CVA), by closing 50 shops and negotiating reduced rents.
House of Fraser and TPR discuss scheme's future after restructure plans
House of Fraser is in talks with The Pensions Regulator (TPR) around the future funding of its defined benefit (DB) scheme as it seeks to restructure the business.
Toys R Us scheme to face PPF as company goes insolvent
The UK arm of Toys R Us has entered administration just two months after a major restructuring deal was agreed with creditors including the Pension Protection Fund (PPF) to prevent the company going bust.
Post-BHS warning over CVAs as one in ten lead to administration
Almost one in ten company voluntary arrangements (CVAs) have resulted in the firms falling into administration within three years, according to an accountancy firm.
