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....McDonald's has a UK workforce of more than 115,000, the majority of which are on zero-hours contracts. Paul Maloney, the GMB union's southern region secretary, said: "Workers at McDonald's should be offered up to 40 hours of work a week, and permanent contracts to include annual leave, sick pay and a pension scheme. ... [Read full article on BBC ]
Tuesday 25th of April 2017 02:58:27 PM
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....A year on, the high street is still reeling from the body blow. More than two-thirds of the retailer’s 164 stores are still lying empty and its pensioners have been left worse off, even after former owner Sir Philip Green agreed to pump up to £363m into supporting the pension scheme. ... [Read full article on Guardian ]
Saturday 22nd of April 2017 03:00:17 PM
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....”. Green agreed to pay £363m to settle the BHS pension scheme in February, less than the £571m deficit the firm was left with when it went bust in April last year. ... [Read full article on Guardian ]
Sunday 23rd of April 2017 03:54:50 PM
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Latest Finance News related to Pension Scheme

McDonald's to offer all UK staff fixed hour contracts image
Source : BBC [Read Article] Tuesday 25th of April 2017 02:58:27 PM
....McDonald's has a UK workforce of more than 115,000, the majority of which are on zero-hours contracts. Paul Maloney, the GMB union's southern region secretary, said: "Workers at McDonald's should be offered up to 40 hours of work a week, and permanent contracts to include annual leave, sick pay and a pension scheme. ...
Sir Philip Green could still lose knighthood, says MP image
Source : Guardian [Read Article] Sunday 23rd of April 2017 03:54:50 PM
....”. Green agreed to pay £363m to settle the BHS pension scheme in February, less than the £571m deficit the firm was left with when it went bust in April last year. ...
Family matters image
Source : BBC [Read Article] Sunday 23rd of April 2017 12:51:12 AM
....The vast majority of young adults working in the private sector will never have pensions as generous as those enjoyed by their older colleagues. This is because most employers have closed defined benefits pension schemes, which typically see employees paid a set proportion of their average or final salary when they retire. ...
BHS crash sets trend for a chain of closures on UK high streets image
Source : Guardian [Read Article] Saturday 22nd of April 2017 03:00:17 PM
....A year on, the high street is still reeling from the body blow. More than two-thirds of the retailer’s 164 stores are still lying empty and its pensioners have been left worse off, even after former owner Sir Philip Green agreed to pump up to £363m into supporting the pension scheme. ...
Tata Steel offers £520m pensions payment in bid to secure future image
Source : Guardian [Read Article] Thursday 20th of April 2017 05:14:48 PM
. Tata Steel could pay more than £500m into its UK pension scheme as part of a deal with regulators that involves the Pension Protection Fund taking a stake in the business. ...
Green Investment Bank sell-off described as a disaster by critics image
Source : Guardian [Read Article] Thursday 20th of April 2017 03:22:54 PM
....3bn has been attacked by critics including the Liberal Democrats and Greenpeace as “politically dubious” and a “disaster”. A consortium led by Macquarie, which also includes the bank’s European Infrastructure Fund 5 and the Universities Superannuation Scheme, a UK pension scheme for university professors, agreed to buy the GIB, which was established in 2012 by the coalition government to fund green infrastructure projects. ...
Green Investment Bank to be sold off in £2.3bn deal image
Source : Guardian [Read Article] Wednesday 19th of April 2017 08:54:43 PM
....Macquarie has put up £1. 7bn to buy the bank, with a further £600m supplied in part by the UK-based Universities Superannuation Scheme, a pension scheme for university professors. ...
BMW strike halts Mini car production image
Source : BBC [Read Article] Wednesday 19th of April 2017 09:08:17 AM
....Workers at three BMW plants in the UK are staging a one-day strike in a row over pensions. The walkout, the first by BMW staff in Britain, is part of a wave of stoppages at the carmaker over the closure of a final-salary pension scheme. ...
PENSION CRISIS: Women LAGGING behind in huge pensions gap image
Source : Daily Express [Read Article] Wednesday 19th of April 2017 12:01:00 AM
.... . They need to start saving all they can as early as possible and resist the temptation to opt out of any workplace pension scheme, as this means they will not benefit from their employer’s contribution, she said. ...
Did you lose your job when BHS went into administration? image
Source : Guardian [Read Article] Tuesday 18th of April 2017 04:44:09 PM
....BHS workers are still likely to suffer cuts to their pension benefits. The Pensions Regulator estimates that workers will on average receive around 88% of the value of their original benefits in a new pension scheme created by the settlement. ...
Tata Steel merger with Thyssenkrupp under threat image
Source : Guardian [Read Article] Monday 17th of April 2017 12:36:06 PM
....Germany’s largest trade union, IG Metall, confirmed this week it was opposed to the tie-up and described it as “high risk” amid fears it would lead to thousands of job losses and the closure of plants in Germany. In the UK, the Pensions Regulator has warned about “significant issues” to be resolved regarding the pension scheme behind Tata Steel, which is called the British Steel Pension Scheme. ...
Should you resist Lisa … out to lure you into saving for a property or retirement? image
....45% administration fee, with fund charges on top. If you are self employed and don’t have access to a company pension scheme, you might want to consider one. ...
Higher interest rates. Great idea. Here’s why it won’t happen image
Source : Guardian [Read Article] Saturday 15th of April 2017 04:00:06 PM
.... With a cute and cynical emphasis, the focus is on the ordinary investor because they can be said to be deserving of everyone’s support – especially those who put money aside in a pension. Who can argue against higher interest rates if they prevent the collapse of final salary pension schemes?. ...
Bernard Matthews seller 'lined own pockets' by rejecting pension offer image
. The former owners of Bernard Matthews “lined their own pockets” by rejecting a takeover offer that would have protected the turkey producer’s pension scheme in favour of an insolvency process that ensured a greater return for themselves, MPs have claimed. ...
Five pension tax mistakes that could hit YOUR nest egg image
Source : Daily Express [Read Article] Friday 14th of April 2017 06:01:00 AM
....5. Taking the wrong amount of tax-free cash Savers who were in a pension scheme before 2006 may be able to take advantage of what is called protected tax-free cash. ...
Royal Mail union warns of industrial action over pension scheme closure image
Source : Guardian [Read Article] Thursday 13th of April 2017 08:44:38 AM
....The company added that is was still in talks with the unions over a “sustainable and affordable solution for the provision of future pension benefits”. Brian Scott of Unite said: “The Royal Mail Pension Plan is not closing in its entirety as the replacement pension scheme will embrace part of that. ...
Strike threat after Royal Mail closes pension scheme image
Source : BBC [Read Article] Thursday 13th of April 2017 07:32:05 AM
. Postal unions are threatening to ballot for industrial action after Royal Mail said it would close its defined benefit pension scheme in 2018. ...
Royal Mail plans to close defined benefit pension scheme next year image
Source : Independent [Read Article] Thursday 13th of April 2017 07:29:22 AM
Millions of Britons say property is their pension - but fifth yet to buy image
Source : Daily Express [Read Article] Wednesday 12th of April 2017 04:32:00 PM
....He added: “In addition, over half of Generation X admit they have no plan, or a vague plan of how they will finance their retirement which is also incredibly worrying. "The majority of Generation X find themselves in the unenviable position of being too young to benefit from generous defined benefit pension schemes and too old to receive the full benefits of automatic enrolment. ...
How to boost your pension by £700 a year: The amazing simple trick for YOUR retirement image
. Employees in workplace pension schemes are automatically enrolled into default investment funds, which try to meet broad saving goals. ...
WARNING: Free bank accounts to END, warns IMF in yet ANOTHER blow to hard-working Britons image
....The IMF sounded the alarm on low growth, low productivity and low interest rates linked to ageing populations. Officials said demographic changes in the likes of Britain, Europe and the US are likely to mean the end of generous final salary pension schemes and higher demand for health insurance plans. ...
Pension CRISIS: Just one in five of Britons expect to stop work by 65  image
Source : Daily Express [Read Article] Wednesday 5th of April 2017 03:15:00 PM
....“We are now firmly in an era of personal responsibility for long term saving. "The freedoms bring an increasing number of income choices, while the decline of generous DB pension schemes means that retirement income will be more closely linked to contributions made through life. ...
Lifetime ISA: Everything you need to know about the new LISA savings account  image
Source : Daily Express [Read Article] Wednesday 5th of April 2017 12:55:00 PM
....If you are buying outside of London, you can also use the Lifetime ISA for properties up to the value of £450,000, while Help to Buy has limits of up to £250,000 outside of the capital. Is it better to use a LISA or pension scheme to save for retirement?A benefit of the LISA is that all savings can be taken tax-free compared to pensions where only 25 per cent of savings can be taken before income tax must be paid. ...
BMW strikes set to disrupt Mini and Rolls-Royce production image
Source : Guardian [Read Article] Wednesday 5th of April 2017 11:24:39 AM
....The Unite union said the eight strikes would significantly disrupt production of Minis and called on BMW, the owner of Mini and Rolls-Royce, to hold talks to resolve the dispute. The trade union claims workers could lose up to £160,000 in retirement benefits because of the German company’s plans to close its final-salary pension schemes by the end of May. ...
BMW workers to stage first UK strikes over pensions image
Source : BBC [Read Article] Wednesday 5th of April 2017 10:37:44 AM
. Workers at BMW's UK plants are taking strike action over plans to close the company's final salary pension scheme. ...
Sir Philip 'favoured' Arcadia pension schemes over BHS image
Source : BBC [Read Article] Sunday 2nd of April 2017 07:20:55 PM
. Sir Philip Green has been "long favouring" the pension schemes of Arcadia over those of BHS, according to the chairman of the Commons Work and Pensions Committee, Frank Field. ...
Arcadia plan sees pension woe pile up for Philip Green image
Source : Guardian [Read Article] Saturday 1st of April 2017 03:00:28 PM
. The pension scheme deficit at Sir Philip Green’s Arcadia Group has risen to nearly £1bn, which means another headache for the former BHS owner. ...
Pension changes: Workers warned as tax perks SLASHED after April 5 image
Source : Daily Express [Read Article] Saturday 1st of April 2017 09:01:00 AM
....“Given that most people won’t be aware of the plans to reduce the MPAA, there is a significant risk large numbers will accidentally overpay into a pension and be hit with an unexpected tax charge. “This is particularly the case because everyone will be automatically enrolled into a workplace pension scheme with minimum contributions of eight per cent in 2019. ...
UK BMW workers back strike over pensions image
Source : BBC [Read Article] Friday 31st of March 2017 03:35:54 PM
....UK workers at BMW have voted overwhelmingly to go on strike in a dispute over pensions, the Unite union has announced. BMW workers making engines and the Mini and Rolls-Royce motorcars plan to strike over plans to close their final salary pension scheme. ...
Pensioners' life expectancy falls back image
Source : BBC [Read Article] Wednesday 29th of March 2017 09:52:02 AM
....The actuarial profession bases its analysis - called the Continuous Mortality Investigation (CMI) - on the death statistics for England and Wales which are supplied by the Office for National Statistics (ONS). For the past few decades there has been a very strong and well publicised improvement in life expectancy in the UK, both at birth and also at age 65, which is the most relevant age for pension schemes. ...
Pension crisis looms as one in five Britons has no savings for their old age image
Source : Daily Express [Read Article] Tuesday 28th of March 2017 01:37:00 PM
.... . The poll comes just days after after an official review of the UK state pension scheme suggested the retirement age for men could rise to 68 by 2039. ...
Number of women working past 70 in UK doubles in four years image
Source : Guardian [Read Article] Wednesday 22nd of March 2017 01:05:53 PM
....Nathan Long, analyst at Hargreaves Lansdown, said: “The increase in the number of people working over 70 is predominately because they want to work later, not because they need to. But we do expect that to shift rapidly as final salary pension schemes are phased out, and more people come to retirement underfunded. ...
Sir Philip Green 'could get £15m refund from £363m BHS payout' image
Source : Guardian [Read Article] Tuesday 21st of March 2017 06:30:06 AM
....The Pensions Regulator and Green announced they had reached a settlement over the BHS pensions scandal last month. The £363m payment from Green included £20m towards the cost of setting up a new pension scheme for former BHS workers. ...
Does BT's Openreach deal mean faster broadband or higher prices? image
Source : Guardian [Read Article] Friday 10th of March 2017 01:21:25 PM
....This is a saga that has gone on for years. One problem is BT’s pension scheme, which suffers from a mammoth deficit, and a forced separation would likely have provoked lengthy legal battles. ...
Morrisons profit rises as recovery continues image
Source : BBC [Read Article] Thursday 9th of March 2017 07:36:42 AM
.... . The supermarket said other pressures on costs included its pension scheme, which is currently in surplus, and higher staff pay. ...
Lack of pension equality for same-sex couples 'is sexual discrimination' image
Source : Guardian [Read Article] Wednesday 8th of March 2017 12:05:48 PM
....After leaving the army, Walker worked for chemicals group Innospec for more than 20 years and retired in 2003. He made the same contributions to the pension scheme as his heterosexual colleagues. ...
Theresa May must give Vauxhall assurances over Brexit, says Labour image
Source : Guardian [Read Article] Monday 6th of March 2017 08:03:56 PM
....There are concerns about the pensions of Vauxhall workers, who could face a cut of between 10% and 15% to their pay and benefits. The Vauxhall pension scheme is estimated to have a deficit of £1bn. ...
Topshop owner to double contributions to plug pension deficit image
Source : Guardian [Read Article] Sunday 5th of March 2017 03:28:55 PM
....Sir Philip Green has agreed a deal to pump as much as £50m a year into the pension fund behind his fashion business, Arcadia, to plug a growing deficit, just days after reaching a settlement over the BHS pension scandal. Arcadia, which controls Topshop, Dorothy Perkins and Miss Selfridge, will double payments into its pension scheme from £25m a year to £50m this year, potentially heading off another pensions controversy. ...
Peugeot owner PSA close to deal to buy Vauxhall and Opel image
Source : Guardian [Read Article] Saturday 4th of March 2017 07:26:55 AM
.... The scheme had a deficit of £840m at the end of 2014, according to regulatory filings, but analysts estimate that it could now be more than £1bn. John Ralfe, a pensions expert, said PSA would be “rip-roaring bonkers” to take on the pension scheme. ...
New Lifetime ISA launched in April: Should you use it to boost retirement savings?  image
.... Contributions to the account can only be made until a saver is 50. It's feared workers could spurn existing pension schemes that hold a number of benefits for long-term savers. ...
Philip Green owes us BHS workers much more than ‘up to’ £363m | Grant Atterbury image
....In the nine months since I was made redundant after eight and half years working at BHS, much has been said about bringing those responsible to account but little has actually been done. It came as a surprise then when my Twitter feed burst into life with excited messages announcing that the disgraced former BHS owner Sir Philip Green had promised to pay £363m into the BHS pension scheme. ...
Dominic Chappell to fight legal action forcing him to pay BHS pensions image
Source : Guardian [Read Article] Wednesday 1st of March 2017 06:44:02 PM
. Dominic Chappell, the last owner of BHS, has pledged to fight legal action by the Pensions Regulator designed to force him to pay millions of pounds into the failed retailer’s pension scheme, saying the black hole in the scheme was not his fault. ...
Sir Philip Green's reputation 'still stained' despite BHS pension deal image
. Retail tycoon Sir Philip Green's £363m payment to the BHS pension scheme does not wipe away the stains from his reputation, a senior MP has said. ...
Sir Philip Green hasn't pushed the boat out with his BHS pensions deal | Nils Pratley image
....Do not run away with the idea that Sir Philip Green has suddenly been overcome by the spirit of generosity. In agreeing a £363m settlement to top up the BHS pension schemes, he has probably done enough to keep his knighthood but he has not pushed the boat out. ...
Sir Philip Green strikes BHS pension deal with regulator image
Source : BBC [Read Article] Tuesday 28th of February 2017 02:38:18 PM
. Sir Philip Green has agreed a £363m cash settlement with the Pensions Regulator to plug the gap in the BHS pension scheme. ...
Vauxhall pensions 'won't be hit by PSA Group deal' image
Source : BBC [Read Article] Friday 24th of February 2017 12:40:52 PM
. The boss of France's PSA Group, Carlos Tavares, has told Business Secretary Greg Clark that members of Vauxhall's pension scheme "will be no worse off" should his firm buy the brand. ...
Government pension scheme begins ditching oil and gas investments image
Source : Guardian [Read Article] Friday 24th of February 2017 10:21:26 AM
. A giant pension scheme with more than 4 million members is shifting almost 10% of its investments into a new climate change fund designed to move people’s money out of fossil fuels and into renewable energy. ...
CPI was never meant to be real measure of inflation | Letters image
Source : Guardian [Read Article] Thursday 23rd of February 2017 07:07:14 PM
. Your article (Pension changes could cost 11m Britons thousands of pounds, 21 February) says 75% of pension schemes use the retail price index (RPI). ...
Fears grow for Vauxhall jobs as government vows to do all it can image
Source : Guardian [Read Article] Monday 20th of February 2017 07:31:35 PM
....”. PSA would be “rip-roaring bonkers” to take on the pension scheme, he added. ...
Pension changes could cost 11m Britons thousands of pounds image
Source : Guardian [Read Article] Monday 20th of February 2017 01:42:09 PM
.... It cites estimates from pensions consultancy Hymans Robertson that a shift to CPI would “take away about £20,000 in benefits over an average DB (defined benefit) scheme member’s life”. Currently, 75% of pension schemes in Britain increase payouts to members each year using RPI rather than CPI, and usually the scheme rules and legislation prevent companies from lowering their promises. ...
Baby boomers don’t deserve to be punished | Letters image
Source : Guardian [Read Article] Sunday 19th of February 2017 06:31:16 PM
....Employees were valued and treated well. Most firms had a good – contributory – pension scheme, canteen and often Christmas parties for children of employees, all paid for by the company. ...
Pension warning: Retirees set for SHOCK tax bill after new rules are introduced THIS April image
....“Given that most people won’t be aware of the plans to reduce the MPAA, there is a significant risk large numbers will accidentally overpay into a pension and be hit with an unexpected tax charge. “This is particularly the case because everyone will be automatically enrolled into a workplace pension scheme with minimum contributions of eight per cent in 2019. ...
Tata Steel workers agree to pension cuts to save 8,000 jobs image
Source : Guardian [Read Article] Wednesday 15th of February 2017 03:01:00 PM
....Tata Steel had proposed saving 8,000 jobs in its UK business and the Port Talbot steelworks by investing £1bn in modernising its operations over the next 10 years. This investment depends on spinning off the pension fund into a separate entity and replacing the final salary pension scheme with a less generous contribution scheme. ...
Here's how being married still has its financial benefits image
Source : Daily Express [Read Article] Wednesday 15th of February 2017 08:07:00 AM
....Married couples should automatically be in line for each other’s pension benefits when they die but cohabiting partners could miss out. Kay Ingram, chartered financial planner at retirement adviser LEBC, says pensions rules vary from scheme to scheme: “Cohabiting couples are not entitled to any benefits in some pension schemes. ...
The baby boomers have enjoyed the good times – now a tax hike is due | Phillip Inman image
....It means retired BT engineers, school headteachers and middle managers across a wide range of businesses from BP to Unilever, and not Britain’s 31 million workers, are the ones pushing up average income figures. This group of baby boomers worked for employers with generous guaranteed pension schemes and can now enjoy several holidays a year, a 4x4 in the driveway and provide a deposit for their grandchild’s first home. ...
Unite workers at BMW threaten action over plans to shut UK pension scheme image
Source : Guardian [Read Article] Monday 13th of February 2017 07:01:07 AM
. More than 7,000 BMW workers are threatening industrial action over the German carmaker’s plans to shut the final salary pension scheme. ...
Pensioners '£20 a week better off' on average than workers image
Source : Guardian [Read Article] Monday 13th of February 2017 12:01:00 AM
.... In contrast, the poorest fifth of households are almost entirely reliant on benefit income. The report for the Intergenerational Commission pointed out that closure of generous defined occupational pension schemes to younger workers means that the current generation of workers may not enjoy the same benefits when they are able to retire. ...
UK supreme court backs woman's right to receive late partner's pension image
Source : Guardian [Read Article] Wednesday 8th of February 2017 10:31:29 AM
....McMullan had worked for 15 years for Translink, which runs Northern Ireland’s public transport services. He had paid into Northern Ireland’s local government pension scheme. ...
Five minute guide to tracing your lost financial assets image
Source : Daily Express [Read Article] Sunday 5th of February 2017 01:57:00 PM
.... . Kate Smith, head of pensions at Aegon, says the launch of the auto-enrolment workplace pension scheme will worsen the problem: “Seven million more people are now saving into a pension, but many have lost track of some of their savings. ...
Steelworkers to vote on Port Talbot rescue plan image
Source : Guardian [Read Article] Sunday 29th of January 2017 02:08:58 PM
....Tata Steel has tabled a proposal to save 8,000 job in its UK business, including the Port Talbot steelworks in south Wales, by investing £1bn into modernising its operations over the next 10 years. However, this investment depends on spinning off the pension fund behind Tata Steel UK into a separate entity and replacing the final salary pension scheme with a less generous defined contribution scheme. ...
British Steel to reverse salary cut for workers agreed under Tata image
Source : Guardian [Read Article] Wednesday 25th of January 2017 06:41:37 PM
....Greybull bought the company after the UK steel industry had been under pressure for several years due to factors including a flood of cheap Chinese products on to the market, which sent prices tumbling. The crisis threatened the future of several major steelworks, including Tata-owned Port Talbot, whose staff are shortly due to vote on a cost-cutting plan that would see their final salary pension scheme closed. ...
Pension fund returns hit seven-year high amid Brexit vote image
Source : Daily Express [Read Article] Tuesday 24th of January 2017 04:39:00 PM
.... It marks the fifth consecutive year of positive pension fund growth - and the best returns since the 22 per cent seen in 2009. Moneyfacts said it is welcome news to those saving into employment based defined contribution pension schemes, as well as retirees who remain invested through income drawdown. ...
'There's a danger of a generation who can't afford to retire' image
Source : Guardian [Read Article] Monday 23rd of January 2017 08:05:59 AM
....”. It’s a perfect storm of problems: the end of the final-salary pension scheme, a failure of subsequent workers to save enough to account for this, and increasing life expectancy. ...
Is the FTSE heading for the crash of 2017? image
Source : Guardian [Read Article] Saturday 21st of January 2017 07:00:28 AM
....So what am I doing about the risk of the FTSE crashing? Zilch. Like the vast majority of Brits, my fortune is almost entirely wrapped up in a company pension scheme. ...
Hiring a carer for my mother was a huge learning curve, but help is available image
....When directly employing carers, you need employers’ liability insurance to cover you if one of your employees gets ill or injured because of their work. You will need written contracts with each PA, you must adhere to national living wage rules and you may need to put them into a pension scheme under auto-enrolment rules. ...
Wetherspoon ready for a comeback? image
Source : Guardian [Read Article] Sunday 15th of January 2017 07:00:09 AM
....Royal Mail staff will no doubt be soothed by those words as they study the group’s trading statement this week, which comes against the backdrop of a potential strike. The company has said it’s considering shutting its final salary pension scheme as, despite a huge surplus, the fund is supposedly running out of cash. ...
Generations at war image
Source : BBC [Read Article] Tuesday 10th of January 2017 12:14:35 AM
.... . Ian compares his daughter's circumstances with his own: "At 23 I was in a secure, big company job with a good pension scheme, I had bought my first modest house and I was paying off a mortgage, not student debt. ...
Workers at nuclear sites to be balloted image
Source : BBC [Read Article] Monday 9th of January 2017 02:05:52 PM
....The workers belong to four different trade unions and are mainly employed in decommissioning work. They are angry at plans by the Nuclear Decommissioning Agency (NDA) to reform their final-salary pension schemes. ...
Rising retirement age means that smart saving is more important than ever image
Source : Daily Express [Read Article] Sunday 8th of January 2017 12:01:00 AM
....Those who have already retired may be counting their blessings as they watch the younger generation either work to ever greater ages or fall by the wayside. Andrew Tully, pensions technical director at Retirement Advantage, says today’s workers need to start saving early and put aside as much as they can afford: “Take advantage of any company pension scheme, as your contributions will be topped up both by your employer and the Government. ...
Royal Mail enters talks with unions over pension change image
Source : BBC [Read Article] Thursday 5th of January 2017 01:20:50 PM
. Royal Mail has begun a consultation over changes to its pension scheme amid threats of strike action from unions. ...
Final salary pension deficit of biggest listed firms in UK 'hits £137bn' image
Source : Guardian [Read Article] Wednesday 4th of January 2017 05:32:53 PM
.... Added to this, economists have warned that inflation is likely to rise sharply in 2017, to around 3%. Le Roy van Zyl, a senior consultant at Mercer, said companies and pension scheme trustees faced “significant uncertainty”. ...
BHS liquidator pores over details of   Green and Chappell property deals image
Source : Guardian [Read Article] Monday 2nd of January 2017 04:16:53 PM
....FRP was brought in to be the joint administrator to BHS with Duff & Phelps – then the sole liquidator – by the Pension Protection fund, the biggest creditor. Green, who spent Christmas and new year in Florida, remains in talks with the Pensions Regulator about a settlement for the BHS pension scheme. ...
Post Office workers brand OBE for chief executive 'a disgrace' image
Source : Guardian [Read Article] Sunday 1st of January 2017 11:29:39 PM
.... Ninety-six per cent agreed the honour was “a disgrace”. Union members have staged strikes in recent weeks over job cuts, the closure of a final salary pension scheme and the franchising of crown post offices. ...
Observer business agenda’s review of the year image
Source : Guardian [Read Article] Sunday 1st of January 2017 09:00:02 AM
.... Both men were then hauled in front of a joint select committee to explain themselves, an exercise that only succeeded in trashing their reputations some more. The MPs found that the department store had been subjected to “systematic plunder” by former owners, while Green gave “insufficient priority” to the pension scheme. ...

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