Regulator relaxes scrutiny on ten-year deficit recovery plans

Jonathan Stapleton
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Plans put forward to fill deficits in ten years or longer will no longer receive extra scrutiny as a matter of course, The Pensions Regulator says.

The watchdog said as a result of the announcement it "fully expected" recovery plans to lengthen for a number of schemes that need breathing space. TPR chairman Michael O'Higgins said: "We somet...

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