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Sir Philip Green to pay up to 363 million pounds to BHS Pension scheme

London - One of the most heated debates of the British high streets of the last year may finally be put to bed, as Sir Philip Green has agreed to pay 363 million pounds into the BHS pension scheme as part of a cash settlement with the Pensions Regulator. Green's payment comes months after the demise of BHS, during which the pension fund for the...

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Sir Philip Green said to explore scheme to buy out 16,000 BHS pension plan members

London - Sir Philip Green is said to be prepared to buy out as many as 16,000 pensions plans out of the 20,000 BHS members struck by the 571 million pound deficit as part of his pledge to fix the scheme. Last week saw the billionaire entrepreneur vow that he would fix the pension deficit scheme of collasped retail group BHS during a...