Sainsbury's pensions head joins struggling Coats scheme

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Sainsbury's head of pensions John Lovell has been appointed to the newly-created role of group pensions director at Coats from March.

This comes after The Pensions Regulator (TPR) issued a warning notice to Coats' parent company - Guinness Peat Group (GPG) - over concerns that the scheme was insufficiently resourced. Coats has...

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