The directors of Dawson International have warned it could be forced into administration after The Pensions Regulator rejected proposals for it to offload its pension scheme.
The Scottish textile firm had been in discussions with the regulator and the Pension Protection Fund over a negotiated entry into the lifeboat fund for its scheme which has a deficit of more than £...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
