HMV seeks trustee approval for Waterstone's sale

clock

Trustees of HMV's pension scheme are in discussions with the retailer over its intended £53m sale of the Waterstone's book chain.

In a statement, the firm said Waterstone's would be sold free from all UK pension liabilities, leaving HMV with sole responsibility for the 400-member scheme. The trustees must approve the deal ...

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

More on Industry

First three organisations complete connection to pensions dashboards ecosystem

First three organisations complete connection to pensions dashboards ecosystem

Heywood, L&G and Pension Fusion have passed through the final stages required to connect

Holly Roach
clock 05 March 2025 • 3 min read
Capita readies for digital tool launch as it posts 5% rise in pensions revenue

Capita readies for digital tool launch as it posts 5% rise in pensions revenue

Firm says Capita Digital Pension Solutions will mark ‘step change’ in its service offering

Jonathan Stapleton
clock 05 March 2025 • 3 min read
TPR data shows 15% drop in number of DC schemes as market 'radically reshapes'

TPR data shows 15% drop in number of DC schemes as market 'radically reshapes'

Regulator says number of DC schemes fell to 920 in 2024 while memberships grew to over 30 million

Holly Roach
clock 04 March 2025 • 4 min read
Trustpilot