pension regulator news and archive

Sir Philip Green aims to avoid BHS probe through voluntary sum

Former owner of BHS billionaire Sir Philip Green is said to be prepared to make a 300 million pound voluntary contribution towards the collapsed retailer's 571 million pound pension deficit - if regulators cease their probe. Sir Green, who was seen holidaying on his million pound yacht in Greece as the last BHS store closed it doors for good...

Retail

MPs plan to question Sir Philip Green over BHS

Former BHS owner Sir Philip Green is expected to be called to appear before MPs to face questions over the collapse of the department store and the retailer’s pension liabilities. The cross-party Work and Pensions Committee chair Frank Field has told reporters that the retail billionaire “will be invited” to proceedings that will examine how the...