TPR anti-avoidance net may snare fully funded

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Companies could fall foul of The Pensions Regulator's anti-avoidance powers even if schemes are fully funded under the FRS17 accountancy standard, lawyers warn.

Businesses do not need to apply for TPR clearance on corporate transactions if their scheme is 100pc funded on an FRS17 basis. But Sacker & Partners associate Robin Simmons said while companies...

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