The number of firms making asset-backed contributions (ABCs) to their schemes shot up in 2013, despite The Pensions Regulator (TPR) warning trustees to approach such arrangements with caution.
A survey carried out by KPMG found that 23 ABCs were set up last year with a total value of nearly £2bn while over the preceding five years, 29 structures were put in place. The firm said fears ...
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
