Pension Protection Fund and Pensions Regulator inquiry

Inquiry by the Work and Pensions Committee, 27 April 2016 to 3 October 2019. Its page on the Parliament website.

Reports and responses

• 1st Report - BHS (25 July 2016)
• Government response, BHS report, 21-10-2016 (26 October 2016)
• Retail Acquisitions response, BHS report, 20-10-2016 (26 October 2016)
• Taveta Investments Limited response, BHS report, 18-10-2016 (26 October 2016)
• 6th Report - Defined benefit pension schemes (21 December 2016)
• 8th Report - Response to the Government’s consultation on corporate governance reform (12 February 2017)
• Response from TPR to Work Pensions Committee re defined benefit pension scheme report 20-2-2017 (3 March 2017)

Evidence sessions

• 9 May 2016: Alan Rubenstein, Chief Executive, Pension Protection Fund, Lesley Titcomb, Chief Executive, The Pensions Regulator, and Nicola Parish, Director of Case Management, The Pensions Regulator
• 23 May 2016: Ian Greenstreet, Partner, Nabarro, Tony Clare, Partner, Deloitte, David Clarke, Partner, KPMG, Richard Cousins, Partner, PwC, and Emma King, Partner, Eversheds; Owen Clay, Partner, Linklaters, Steve Denison, Partner, PwC, and Anthony Gutman, Co-Head, EMEA Investment Banking Services, Goldman Sachs; Ian Grabiner, Chief Executive Officer, Arcadia, Lord Grabiner, Board member, Taveta Investments Ltd, Paul Budge, Finance Director, Arcadia Group, Director Taveta Investments Ltd, Gillian Hague, Director, Arcadia Group and Taveta Investments (No. 2) Ltd, and Chris Harris, Group Property Director, Arcadia Group
• 25 May 2016: Chris Martin, Chair, BHS Pension Fund Trustees, Mike Lymath, BHS Pension Fund Trustee, Phil Kitchen, BHS Pension Fund Trustee, and Jason Hyde, BHS Pension Fund Trustee; Dr Margaret Downes, former Chair, BHS Pension Fund former Trustees, Siobhan Forey, former BHS Pension Fund Trustee, and Richard de Dombal, former BHS Pension Fund Trustee; Stephen Hermer, Partner, Olswang, Andrew Frangos, Chief Executive, Cornhill Capital, and Mark Byers, Head of Advisory, Grant Thornton
• 7 June 2016: Robin Saunders, Managing Partner of Clearbrook Capital Partners LLP; Nicolas Giauque, Managing Member: London, Farallon Capital LLP, and Joseph Dryer, Capital Markets and Advisory, RiverRock
• 8 June 2016: Witnesses: Michael Hitchcock, Former Finance Consultant, BHS, Richard Price, Former Chief Executive, BHS, and Darren Topp, Chief Executive, BHS; Mark Tasker, Former Director, Retail Acquisitions Ltd, Eddie Parladorio, Former Director, Retail Acquisitions Ltd, Stephen Bourne, Former Director, Retail Acquisitions Ltd, and Aidan Treacy, Chief Financial Officer, Retail Acquisitions Ltd; Dominic Chappell, Chief Executive, Retail Acquisitions Ltd
• 15 June 2016: Sir Philip Green, Chairman, Arcadia Group
• 28 June 2016: Alex Dellal, Director, Allied Commercial Exporters Ltd; Paul Sutton; Neville Kahn, Managing Partner, Financial Advisory, Deloitte
• 29 June 2016: Michael Sherwood, Vice Chairman, Goldman Sachs, Anthony Gutman, Co-Head, EMEA Investment Banking Services, Goldman Sachs, and Michael Casey, Managing Director, Goldman Sachs; Mark Sherwood, former Property Director, BHS; Paul Budge, Finance Director, Arcadia Group, and Director, Taveta Investments Limited, Chris Harris, Group Property Director, Arcadia Group, and Brett Alexander Palos, Director, Taveta Investments Limited
• 12 October 2016: Rt Hon Steve Webb, former Minister of State for PensionsBaroness Drake CBE, Pension scheme trustee and Governor of the PPI, Professor David Blake, Director, Pensions Institute, Rosalind Connor, Association of Pensions Lawyers
• 17 October 2016: Dr Ben Broadbent, Deputy Governor, Bank of England
• 19 October 2016: Baroness Altmann CBE, former Minister of State for Pensions, Tim Sharp, Policy Officer, TUC, Stephen Pugh, Finance Director, Adnams PLC, Paul Duffy, Secretary, SME PPF Levy Consultation GroupChris Martin, Managing Director, Independent Trustee Services Limited, Andrew Bradshaw, Association of Professional Pension Trustees, Janice Turner, Co-Chair, Association of Member Nominated Trustees
• 2 November 2016: Malcolm Booth, Chief Executive Officer, National Federation of Occupational Pensioners, Neil Carberry, Director for People and Skills, CBI, Joanne Segars, Chief Executive, Pensions and Lifetime Savings Association; Alan Rubenstein, Chief Executive, Pension Protection Fund
• 23 November 2016: Lesley Titcomb, Chief Executive, and Andrew Warwick-Thompson, Executive Director of Policy, The Pensions Regulator ; Richard Harrington MP, Parliamentary Under Secretary of State for Pensions (at 10.15am).