Dawson International has entered administration after directors and trustees failed to agree on a solution to the plug the firm's scheme deficit.
The luxury textile producer had been struggling to fund the scheme, which reported a deficit of £12.9m on an accounting basis in December, but has a shortfall in excess of £50m on an actuarial basi...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- 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
