Pensions reform minister James Purnell is "calling time" on scheme wind-up bad practice by insisting the process should take no longer than two years, experts claim.
Purnell said schemes must accelerate the wind-up process to within two years and those already in wind-up must finish the process “as fast as possible” – or risk public shaming by The Pensions Regu...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
- 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