All BHS articles – Page 2

  • News

    TPR prosecutes former BHS owner Dominic Chappell

    2017-08-22T00:00:00Z

    The Pensions Regulator has said it is prosecuting businessman Dominic Chappell, whose company Retail Acquisitions owned high street chain BHS when it became insolvent, leaving behind an underfunded pension scheme.

  • Nicola Parish
    Opinion

    TPR: Taking a proactive approach

    2017-07-11T00:00:00Z

    Earlier this year our chief executive, Lesley Titcomb, promised that the Pensions Regulator would be bolder, intervening more frequently and acting faster against those putting people’s retirement benefits at risk.

  • Source: Getty Images
    News

    Regulator’s BHS report focuses on areas of improvement

    2017-06-28T00:00:00Z

    The Pensions Regulator has highlighted the lessons it has learnt from the BHS case in a recently published regulatory intervention report, as experts stress the need for more proactive engagement. 

  • Getty Images
    News

    Arcadia agrees shorter recovery plans as Green feels pressure

    2017-04-03T00:00:00Z

    Arcadia Group has agreed to increase its scheduled contributions to its two pension schemes, a sign that public pressure and 'naming and shaming' may be having some impact.

  • News

    BHS deal welcomed but views split over DB framework

    2017-03-01T00:00:00Z

    Sir Philip Green will contribute £363m to a new pension scheme for former employees of BHS, under a settlement arrangement that achieves better outcomes for members than entry into the Pension Protection Fund.

  • Ruth Bamforth
    Opinion

    Will M&As change in the post-BHS era?

    2017-02-27T00:00:00Z

    The collapse of BHS saw another household name disappear from the high street. The headlines about pensioners having their pensions cut back caused a public and political outcry. 

  • News

    Select committee: Scare negligent employers into funding with 'nuclear' fines

    2016-12-21T00:00:00Z

    The Work and Pensions Select Committee has called for “nuclear deterrent” fines – tripling the amount currently payable – to be levied against employers seen to be shirking pension responsibilities, in its report into defined benefit pensions.

  • News

    From BHS to Uber: The events that shaped pensions in 2016

    2016-12-21T00:00:00Z

    Year in review: Having almost grown used to new regulations and system overhauls, 2016 managed to top (almost) everything, keeping the pensions industry on its toes. We have picked out some of the articles that accompanied this year’s turning points for pensions.

  • News

    TPR launches enforcement action over BHS scheme

    2016-11-04T00:00:00Z

    The Pensions Regulator has launched enforcement action against former BHS owners Sir Philip Green and Dominic Chappell in an effort to shore up financial support for the company's troubled pension scheme.

  • News

    TPR uses powers to stamp out non-compliance and avoidance issues

    2016-10-26T00:00:00Z

    The Pensions Regulator has continued to demonstrate its tougher approach by fining trustees for non-compliance.

  • British Steel Pension Scheme
    News

    British Steel pensions rule change proposals shelved

    2016-09-15T00:00:00Z

    The government has reportedly put aside plans to change pensions legislation that would allow Tata Steel UK’s pension scheme to stay out of the Pension Protection Fund, according to insiders briefed on the issue.

  • Sara Protheroe
    Opinion

    Behind the scenes at the PPF

    2016-09-13T00:00:00Z

    In the past six months there has been a great deal of attention on pensions, particularly focused on issues such as BHS and scheme deficits. Meanwhile, the Pension Protection Fund has been hard at work behind the scenes to ensure our members receive consistent, high-quality customer service.

  • Opinion

    Another pensions headline

    2016-08-19T00:00:00Z

    Editorial: After the dust settled on the Robert Maxwell scandal, for many years pensions news was not exactly the stuff of dreams for journalists. But this year all that looks set to change, as pensions are now right up there alongside Britain's Olympic triumphs and conflict in the Middle East.

  • News

    Select committee seeks views on expanding regulator powers

    2016-08-09T00:00:00Z

    The Work and Pensions Committee is to consider amending the powers of the Pensions Regulator and the make-up of the Pension Protection Fund as part of its ongoing inquiry into the Pension Protection Fund and the Pensions Regulator following the collapse of BHS.

  • Hugh Nolan
    Opinion

    Bad cases make bad law

    2016-08-02T00:00:00Z

    Allied Steel and Wire went into receivership in 2002, with some members at risk of only getting a fraction of their pension before the introduction of the Pension Protection Fund.

  • Opinion

    Will PLSA’s DB consultation bolster embattled industry?

    2016-06-10T00:00:00Z

    From the blog: The Pensions and Lifetime Savings Association has called for evidence to support its Defined Benefit Taskforce, as record-low gilt yields pile yet more pressure on the industry.

  • Illustration by Ben Jennings
    Opinion

    The other pensions problem

    2016-06-03T00:00:00Z

    At some point in the last few years, pensions became a big news story. Updates on BHS, Tata steel and others fill airwaves and pages (including our own).

  • Illustration by Ben Jennings
    Opinion

    Tata, BHS and the rest

    2016-05-27T00:00:00Z

    Editorial: From Port Talbot to London, defined benefit pensions have become the worry of the nation – probably rightly so. 

  • Features

    Will the BHS fallout ring alarm bells across the corporate sector?

    2016-05-20T00:00:00Z

    FTSE companies come and go, but the failure of retailer British Home Stores a year after being sold for a pound is likely to become a watershed moment in UK pensions.

  • Illustration by Ben Jennings
    Opinion

    Liabilities for sale

    2016-04-28T00:00:00Z

    Editorial: I admit, I almost never go into the British Homes Stores shop on the high street of where I live. Neither do many other people, it seems.