Sir Philip Green offers Topshop store to pension fund

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Arcadia and the pensions watchdog have confirmed a 25m deal for Sir Philip Green to bolster the retailer's retirement fund.

Sir Philip Green has offered to put an extra 185 million of security behind the Arcadia pension scheme in an effort to win support for a major overhaul of his Topshop to Dorothy Perkins retail.

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Sir Philip Green has agreed to inject an extra 25m into Arcadia’s pension fund ahead of a crucial vote to secure the future of the retail giant. sir philip must get the backing of the Pensions Regulator before creditors vote on his plan to save the group which owns Topshop, Topman and Burton.

"Sir Philip Green acted to conceal the true state of the BHS pension. It is old news that the bhs pension plan was allowed to rot under the ownership of Sir Philip Green.. Arcadia [Green's company] also held the simultaneous positions. business select committee on the collapse of British Home Stores.

In the latest of Sir Philip Green's controversies, the Arcadia group chairman was. Topshop to Close All US Stores as Part of Arcadia's Rescue Deal. into the collapse of his former retailer BHS and its pension fund deficit.. All of Topshop's U.S. store locations will be liquidated as part of the restructuring.

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Sir Philip Green ordered to inject 50m into Arcadia pension fund as empire near COLLAPSE May 31, 2019 The business tycoon and his family have previously pledged to pump up the Arcadia retirement scheme with a 100million boost, but has now been warned by the pensions watchdog that more money is needed.

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Sir Philip Green – chairman of Arcadia group, the parent of high-street retailers including Topshop, Burton and Dorothy Perkins – has been charged with four counts of misdemeanor assault in.