The Pension Protection Fund's (PPF) decision to appoint an administrator for British Home Stores (BHS) independent of Sir Philip Green has been "vindicated" says Frank Field.
Administration costs for British Home Stores (BHS) are £1.3m higher than estimates given last June according to documents published by the Work and Pension Committee (WPC).
This week's most-read stories included coverage of the Pension Schemes Bill in Parliament, a warning for scheme administrators to prepare for changes in data submission, and the cost of The Pensions Regulator's probe into BHS.
The Pensions Regulator (TPR) has incurred almost £1.4m of external expenses investigating British Home Stores (BHS) and Sir Philip Green since the investigation started in March 2015.
The Work and Pensions Committee (WPC) has called on the government to consult on giving the regulator new enforcement powers to avoid another British Home Stores (BHS) disaster.
The Pensions Regulator chief executive Lesley Titcomb was asked whether assets such as Sir Philip Green's yachts could be seized in an attempt to resolve the BHS Pension Scheme deficit. This is what she said…
The Pensions Regulator (TPR) will make companies meet their pension obligations earlier and will not be bounced into agreeing bad deals, Andrew Warwick-Thompson has said.
The Pensions Regulator (TPR) has begun formal enforcement action against a number of key protagonists and companies involved in the British Home Stores (BHS) saga.
The government is "determined to ensure" The Pensions Regulator (TPR) has the tools it needs to tackle misbehaviour in the pensions industry.
The company which bought British Homes Stores (BHS) for £1 from Sir Philip Green maintains the pension schemes were not its responsibility.