Tag : The Pensions Regulator
Sir Philip Green and his family will give Arcadia Group’s pension scheme an additional £25m cash injection, helping to clear the way for a restructuring of the struggling retail empire.
Tougher terms mean that bosses could face up to seven years imprisonment if they mismanage employee pension schemes, work and pensions secretary Amber Rudd has warned.
Dominic Chappell faces £10m BHS pension billSubscription
Former BHS owner Dominic Chappell has been issued with a formal demand for around £10m in connection with the department store chain’s pension scheme, Sky News has reported.