Debenhams

The Debenhams brand and website has been acquired by online fashion retailer Boohoo for £55m, although the pension scheme, shops, and stock will not be purchased.

Debenhams’ pension schemes are continuing in Pension Protection Fund (PPF) assessment after administrators failed to rescue the company from collapse.

This week’s top stories included the Financial Conduct Authority saying there is a “significant risk of harm” in the long-term savings market caused by pension freedoms, and Standard Life and Zurich publishing their latest independent governance committee...

Debenhams has missed its April deficit recovery contribution (DRC) to its staff pension schemes as the struggling high street retailer files a notice of intent to appoint administrators amid the Covid-19 crisis.

This week's top stories included British Airways agreeing a settlement with the trustees of one of its schemes nearly six years after litigation was initiated.

Debenhams' defined benefit (DB) pension schemes will be "carrying on as usual" despite the department store chain falling into administration, the trustees have confirmed.

The Work and Pensions Committee (WPC) has questioned The Pensions Regulator (TPR) over its involvement in a refinancing plan for Debenhams, as the retailer battles for survival.