The Court of Appeal has upheld an Upper Tribunal ruling against a group of Lehman Brothers firms fighting to be excluded from a financial support direction (FSD) issued by The Pensions Regulator (TPR).
In a judgment handed down on Friday 21 June, the court dismissed the argument that trustees of the Lehman scheme could not apply to add the 38 firms to an FSD issued by TPR's determination panel ag...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here
