UK - The government has agreed to take "belt and braces action" to ensure trustees are aware of their responsibilities when a scheme is being wound up.
The House of Lords heard that tests will be carried out for at least a year when any final salary scheme goes into wind-up to ensure there is no evidence of fraud and ascertain whether it can fall ...
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