Linklaters, Eversheds and Stephenson Harwood advise on £363m BHS pensions settlement

Sir Philip Green agrees deal with Pensions Regulator following retail giant's collapse


Linklaters, Eversheds and Stephenson Harwood have advised on Sir Philip Green’s £363m settlement with the Pensions Regulator following the collapse of retailer BHS, which filed for administration in April last year.

Green has agreed to provide funding for a new pension scheme to give the 19,000 members of the existing BHS pension schemes the option of the same starting pension that was promised by BHS, and higher benefits than they would have received from the Pension Protection Fund (PPF).

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