Day six: Trustees 'reasonable' to run Box Clever scheme on once company insolvent
Entering a Pension Protection Fund (PPF) assessment when Box Clever went bust would have "jeopardised" its scheme's ability to secure additional sources of funding, the Upper Tribunal has been told.
It was reasonable for the scheme to run on both when its last contribution employer went into liquidation in 2003 as well as when it gained an ability to trigger PPF assessment in 2007, according to Barnett...
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