Chris Martin

The story of BHS is one of both outrage and happy endings. James Phillips speaks to trustee chairman Chris Martin and his advisers about the scheme's endgame journey

The Co-operative Group's Somerfield Pension Scheme has completed a buy-in with Pension Insurance Corporation (PIC), insuring the benefits of its pensioner members.

Over two years since the collapse of the high street giant, BHS pension scheme members will be able to put their anxieties to rest thanks to a bulk annuity deal. James Phillips explores the detail.

Approximately 9,000 members who transferred to the BHS2 Pension Scheme last year have had their benefits fully insured through a buyout with Pension Insurance Corporation (PIC).

The regulatory framework is too restrictive and The Pensions Regulator (TPR) is hampered by conflicting objectives, Robin Ellison and Chris Martin told a parliamentary inquiry today.

Graham Bryant has been appointed as a client director at Independent Trustee Services (ITS) to lead trustee appointments in Manchester and the North of England.

Trustees of the two British Home Stores (BHS) schemes have sent 18,000 letters to members explaining the options available to them following the deal reached earlier this year.

Andy Smith, who heads up the Invensys Pension Scheme, has been appointed a client director at Independent Trustee Services (ITS).

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 scrapping of Project Thor to save British Home Stores cannot be blamed on pension regulation, according to the watchdog's chief executive Lesley Titcomb.