Tuesday October 20, 2020

Concerns over double insolvency' pensions

Pension experts have raised concerns about the government's funding plan for new supports for struggling pension schemes.

8th December, 2013

Pension experts have raised concerns about the government's funding plan for new supports for struggling pension schemes. They have also suggested that the government's controversial pension levy could live on beyond 2015.

The government recently announced plans to reform pension legislation, with new rules to change how funds are distributed when a defined benefit pension scheme winds up or chooses to restructure and new supports for double insolvency' scenarios.

In a scenario where both a company...

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