Coats nears end of three-year saga; TPR to drop action soon

Michael Klimes
clock • 1 min read

The Pensions Regulator (TPR) has given Coats Group written assurances that action over two of its defined benefit (DB) schemes will be dropped once settlement is complete.

In an announcement the thread manufacturer said it has signed binding settlement agreements with trustees of the UK Coats Pension Plan and the Brunel Holdings Pension Scheme (BHPS).  These docum...

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