The pension trustee who oversaw negotiations with Sir Philip Green over BHS’s retirement scheme deficit was parachuted in to advise on the crisis at Carillion days before the construction group collapsed.
Sky News has learnt that Independent Trustee Services (ITS), which is run by Chris Martin, was appointed earlier this month to help safeguard the interests of more than 28,000 pension scheme members at Carillion.
While ITS was appointed prior to the Government contractor’s liquidation – when faint hopes remained of a solvent solution to the crisis – sources said that Mr Martin would have an ongoing role until Carillion’s retirement schemes are absorbed by the Pension Protection Fund (PPF).
The appointment underlines Mr…
Read the full article at: https://news.sky.com/story/carillion-drafted-in-bhs-pension-chief-days-before-collapse-11212784
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