Buzz: TPR doesn't need power to shut underfunded schemes

clock • 1 min read

The majority of Buzz respondents do not want The Pensions Regulator (TPR) to be given the power to close under-funded schemes to future accrual.

The suggestion was rejected as being an "intervention too far". "Funding plans (approved by the employer and the trustees) are designed to rectify a poorly funded scheme so why would TPR interve...

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