Pensions Watchdog Slaps ITV With £133M Contribution Notice

By Martin Croucher (May 11, 2022, 3:05 PM BST) -- ITV said on Wednesday that it has been slapped with a £133 million ($165 million) contribution notice by the pensions watchdog, as the broadcaster seeks to navigate an end to a legal dispute that has lasted a decade.

The independent broadcaster said in its financial results for the first three months of the year that it would work with The Pensions Regulator to resolve the fall-out over the Box Clever Pension Scheme.

ITV and the regulator have been locked in legal tussles for 10 years over the broadcaster's responsibilities to the 2,800 members of the retirement savings plan of Box Clever,...

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