UK - Plans to make pensions liabilities transferable under law will have a devastating impact on corporate rescues, a leading recovery specialist claims.
Begbies Traynor estimates a third of the businesses it tries to save, close because of the “inflexibility” of current regulations covering the transfer of employment rights – TUPE. And proposals t...
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
