HMV pension fund to lose £26m as a result of administration - report
HMV’s pension fund is unlikely to receive £26 million entitled to it from the retailer’s administration.
The Telegraph reports that the HMV pension fund is just one of a number of creditors unlikely to receive money owed, with a number of supplies and landlords owed £157 million also set to be left wanting, according to an update from administrators Deloitte.
But a trustee of the HMV pension scheme, Independent Trustee Services Limited’s Chris Martin, says that an application has ...
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