Administrators at PwC informed that recent monthly employer/employee contributions failed to reach pension providersThe accountants who gain taken control of the shut-down Redcar steel works are investigating claims that the former owner had not been paying pension contributions owed to its 2200 workers.
PwC,the accounting firm acting for the Insolvency Unit, has been told that in recent months both employer and employee contributions failed to find their way to Scottish Widows, and which runs the retirement scheme.
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Source: theguardian.com