PP Show 2010 - Schemes in danger of PPF ineligibility, warn lawyers

clock

Defined benefit schemes are in danger of prejudicing their eligibility for the PPF by compromising their debts when they wind up, lawyers have warned.

Sacker & Partners said companies should be wary of section 75 debt when winding up multi-employer schemes because it could compromise PPF regulations. Partner Helen Ball said: "It's very importa...

To continue reading this article...

Join Professional Pensions

  • Unlimited access to real-time news, analysis and opinion from the industry
  • Receive our in-depth monthly magazine in either print or digital format
  • Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
  • Receive important and breaking news stories selected by the Editors in our daily newsletter
  • Hear from industry experts and other forward-thinking leaders
  • Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date

Join now

 

Already a Professional Pensions
member?

Login

More on Legislation

'Unanswered questions' remain regarding LTA abolition

'Unanswered questions' remain regarding LTA abolition

LCP says further changes to LTA rules could disrupt members’ retirement plans

Jasmine Urquhart
clock 03 May 2024 • 1 min read
HMRC publishes surplus repayments order

HMRC publishes surplus repayments order

Authorised surplus payment charge to be reduced from 35% to 25% from 6 April

Jasmine Urquhart
clock 11 March 2024 • 1 min read
Industry uncertain about LTA implementation, survey says

Industry uncertain about LTA implementation, survey says

LTA removal sparks concern about implementation, member communications and scheme benefit design

Jasmine Urquhart
clock 09 February 2024 • 2 min read
Trustpilot