Dawson heading for insolvency after PPF entry is rejected

clock

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

  • 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

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Defined Benefit

Ridsdale scheme completes £7m buy-in with Just Group

Ridsdale scheme completes £7m buy-in with Just Group

Deal secures benefits of 22 pensioners and eight deferred members

Jasmine Urquhart
clock 16 December 2025 • 2 min read
TPR DB landscape report shows continuing decline in scheme numbers

TPR DB landscape report shows continuing decline in scheme numbers

Regulator reveals 74% of DB schemes are now closed to future accrual with just over 5,000 schemes remaining

Holly Roach
clock 16 December 2025 • 3 min read
Partner Insight: Balancing Protection and Growth - Bulk Annuity Regulatory Round-up

Partner Insight: Balancing Protection and Growth - Bulk Annuity Regulatory Round-up

Sam Matto-Willey, Senior Consultant, Aon
clock 16 December 2025 • 4 min read
Trustpilot