Trustees may be forced to make sponsoring employers insolvent in order to protect the benefits of scheme members, Grant Thornton says.
The collapse of investment bank Lehman Brothers, the sale of Merrill Lynch to the Bank of America and the US federal reserve’s bailout of insurer AIG have raised fresh fears over pension scheme def...
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date