Debenhams schemes remain in PPF assessment after rescue attempt fails
Department store goes under
Debenhams’ occupational pension schemes are expected to enter the Pension Protection Fund (PPF) after administrators failed to rescue the company from collapse.
The Debenhams Retirement Scheme (DRS) and the Debenhams Executive Pension Plan (DEPP), which closed to future accrual in 2006 and have around 15,000 members, have both been in PPF assessment since last...
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