Pension deficit forces Reader's Digest UK into administration

By 2010-02-17T14:30:00

[15:30 CET 17-02] UK – The UK arm of the Readers Digest Association (RDA UK) has filed for insolvency after a pension deal agreed by the company, the trustees and the PPF to address a £125m (€144m) deficit failed to meet the approval of the Pensions Regulator (TPR).

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