Pension watchdogs are scrutinising the collapse of Ralph & Russo, the upmarket British-based fashion brand which is now at the centre of a legal fight. Sky News understands that The Pensions Regulator is examining the treatment of the company's retirement scheme in the period before administrators were called in in March.
The status of the regulator's work was unclear on Friday, although sources said its work had got underway recently. Ralph & Russo, which was sold last week by its joint administrators to Retail Ecommerce Ventures (REV), a US-based investment vehicle, is best-known for having designed the Duchess of Sussex's £56,000 engagement dress.
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