House of Fraser scheme expected to enter PPF assessment but could buy out benefits with insurer

James Phillips
clock • 2 min read

House of Fraser's defined benefit (DB) pension scheme is expected to enter Pension Protection Fund (PPF) assessment, but may be able to buy out benefits with an insurer.

It comes after both House of Fraser Stores and House of Fraser UK & Ireland - the last-man-standing scheme's two sponsors - are understood to have appointed EY as administrators earlier this mornin...

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James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

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