Webb4 jan. 2024 · KPMG was handed the £13m fine in August over its conduct in the sale of Silentnight, which led to its insolvency and the Silentnight Pension Scheme ending up in … Webb7 maj 2013 · I have learnt that HIG Europe, which acquired Silentnight exactly two years ago, has effectively been put on notice by the Pensions Regulator in recent weeks that it …
KPMG used ‘untruthful defence’ in Silentnight inquiry, says watchdog
WebbThe Pensions Regulator served notice in 2013 that they would start legal proceedings to reverse this process and force HIG to re-invest £17.2 million back into the company's … Webb17 nov. 2024 · The pensions lifeboat inherited Silentnight’s scheme, with 1,300 members, in April 2011. The HIG deal led to criticism about “pensions dumping”, in which investors can cast off a company’s pension liabilities through a prepack insolvency procedure. greenleaf dollhouse accessories
Regulator wins legal challenge over Silentnight pensions
Webb16 jan. 2024 · The High Court has dismissed an application by HIG, the American private equity fund that purchased the Silentnight business in a pre-pack administration during 2011 (and which is now facing anti-avoidance action from the Pensions Regulator), for a judicial review of the manner in which TPR has gone about exercising its regulatory … Webb4 mars 2024 · 04 March 2024. The Pensions team from independent UK law firm Burges Salmon has advised the Trustees of the Silentnight Group DB Scheme. TPR has agreed a … Webb2 mars 2024 · Silentnight employed around 1,250 staff across a number of sites. It was ultimately owned by various individuals and family trusts for members of the family of its … fly from istanbul to santorini