Lady Green brings forward £50m DRC as The Pension Superfund eyes Arcadia schemes

James Phillips
clock • 2 min read

Lady Tina Green has agreed to pay a £50m deficit recovery contribution (DRC) to Arcadia’s pension schemes earlier than scheduled.

The payment will be made within the next ten days but was not due for another ten months, and follows the retailer's collapse earlier this week. It forms part of a £100m agreement made during an...

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James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

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