Aviva, the FTSE 100 insurer, is on the brink of an agreement that will guarantee retirement payouts to thousands of former Topshop, Burton and Dorothy Perkins employees, Sky News learns.
Thousands of pensioners left facing an uncertain retirement by the collapse of Sir Philip Green's high street empire are on the verge of a funding deal backed by one of Britain's biggest insurers.
If concluded, it would bring to an end negotiations about one of the UK's most contentious corporate pension schemes. His fraught discussions with the watchdog were precipitated by the political row which engulfed the tycoon in the aftermath of the collapse of BHS, the department store chain, in 2016.
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