All members of the scheme are expected to receive their pension benefits in full
ITV has submitted a £31m offer to The Pensions Regulator (TPR) for the Box Clever Pension Scheme after being forced to set out how it would financially support the scheme following a lengthy court process.
The Pensions Regulator (TPR) has told ITV and four connected firms that they must deliver a future funding plan for the Box Clever Group Pension Scheme within six months.
The Court of Appeal has dismissed ITV's appeal against a financial support direction (FSD) issued by The Pensions Regulator (TPR) in a long-running case over the Box Clever Pension Scheme.