There are as many as 500 members of the Carrington Wire Pension scheme. No doubt they will be disheartened by The Pensions Regulator's (TPR) £8.5m settlement with two Russian steel firms.
Although the regulator is pursuing a third target for recoveries, this will not keep it out of the Pension Protection Fund (PPF). The scheme had a deficit of £27m at May 2014. Members now have t...
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