Sunday 22 May 2016

Sir Philip Green could help draft law to protect pensioners, says MP

Frank Field, co-chair of inquiry into controversial sale of BHS, says tycoon could advise on new legislation

Sir Philip Green, who offloaded BHS for £1 leaving a £571m deficit in its pension fund, could work with MPs on drafting new laws to ensure pensioners are protected in future, the MP Frank Field has suggested.

Field, a co-chair of the parliamentary inquiry into the controversial sale of the stricken retailer, which has left around 13,000 employees facing pension losses, said Green could advise on new legislation regarding occupational schemes.

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