Exclusive: Action group says plumbing scheme trustees 'failing in their duties' over s75 burden

James Phillips
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Section 75 debt rules are particularly complex for multi-employer schemes
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Section 75 debt rules are particularly complex for multi-employer schemes

Plumbing pensions trustees are "failing in their duty" to provide participating employers with the information they need to prepare for onerous section 75 debts, the Plumbing Employers Action Group (PEAG) says.

The action group said, despite the s75 rules coming into force in 2004, no employers within the scheme have been provided with accurate calculations of the debt they will be asked to pay. These inc...

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James Phillips
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James Phillips

Professional Pensions journalist from 2016-2022

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