MP Frank Field has written to the regulator seeking more detail on the benefits secured for British Home Stores (BHS) pension scheme members from the deal struck with Sir Philip Green.
This week's top stories included coverage of Sir Philip Green's agreement to pay £363m into a new pension scheme for former British Home Stories (BHS) workers.
Much of the industry has praised the regulator for striking a deal with Sir Philip Green over the BHS schemes and expressed a degree of relief.
A scheme to allow British Home Stores (BHS) members to avoid large cuts through the Pension Protection Fund (PPF) could be the first to be assessed under new levy calculations.
The landmark agreement between the regulator and Sir Philip Green over British Home Stores (BHS), which will enable members to avoid the Pension Protection Fund (PPF), has been welcomed by the trustees.
The Pensions Regulator has published a 'quick guide' to the settlement reached with Sir Philip Green. Here are the key points in full…
The Pensions Regulator (TPR) has reached a deal with Sir Philip Green over the British Homes Stores (BHS) pension schemes.
The Work and Pensions Committee (WPC) has urged the government to introduce new extra duties on big private companies and directors to prevent another BHS failure.
Frank Field has praised the appointment of a specialist counsel by the Insolvency Service (IS) as part of its enquiry into the demise of British Home Stores (BHS).
This week's top stories included reports that the Pensions Regulator and Sir Philip Green may be close to a deal over the BHS pension schemes.