TPR forced into climb down in Bonas case

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The £60,000 contribution notice issued in the Bonas case is an "enormous climb down" by The Pensions Regulator, a lawyer says.

The watchdog was originally seeking the full section 75 deficit of £20m in relation to the Bonas Group Pension Scheme from its owner, Michel Van de Wiele, after a pre-pack sale in 2006. However,...

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