Schemes with sponsors domiciled outside the European Economic Area (EEA) are at risk of being denied Pension Protection Fund coverage despite paying the levy, a consultant warns.
Towers Perrin senior consultant Dave Roberts said his firm is suggesting non-EEA companies seek legal advice or lobby regulators to close a loophole in the entry rules that could prevent their pens...
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
