UK - The Pensions Regulator has published guidance to help trustees of occupational pension schemes meet government expectations for key wind up activities to be completed within two years.
Tony Hobman, chief executive, the Pensions Regulator, said: "The wind-up guidance, alongside our trustee toolkit learning modules, provides trustees with the support they will need when preparing for and undertaking a scheme wind-up.
Hobman continued: "The aligned approach between the regulator, PPF and FAS will ensure consistency between the three organisations and maximise regulatory impact."
The guidance was issued following industry consultation.
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