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Former Swiss billionaire owners of Monarch tried to dump pension scheme for less than £10m, says PPF

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Monarch Airline's former Swiss billionaire owners attempted to ditch the doomed airline’s pension fund for only a fraction of the final settlement in 2014, the UK’s retirement lifeboat says. The Mantegazza family, headed by the 12th richest person in Switzerland, carved out Monarch’s retirement scheme as part of a £1…

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