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...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • 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

Join now

 

Already a Professional Pensions
member?

Login

James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

More on Defined Benefit

Professional Pensions' DB Funding Index

Professional Pensions' DB Funding Index

How the funding of defined benefit pension schemes is changing

Jonathan Stapleton
clock 04 April 2025 • 1 min read
Tender Watch: Holcim appoints XPS Group and LPPA partners with Hackney Pension Fund

Tender Watch: Holcim appoints XPS Group and LPPA partners with Hackney Pension Fund

Holcim schemes appoint XPS for FM mandate and LPPA partners with Hackney Pension Fund

Professional Pensions
clock 03 April 2025 • 1 min read
Caravan and Motorhome Club scheme transitions to Standard Life plan

Caravan and Motorhome Club scheme transitions to Standard Life plan

Contract sees scheme join firm’s Group Flexible Retirement Plan

Jasmine Urquhart
clock 02 April 2025 • 1 min read
Trustpilot