UK - The Pension Regulator's approach to new funding rules for DB schemes could plunge 20% of UK companies into a "cash-flow crisis", ultimately nullifying the gains of a new scheme specific funding standard, the Confederation of British Industry (CBI ) has warned.
The new funding rules came into force in December 2005, replacing the Minimum Funding Requirement, which should allow trustees and employers to agree funding arrangements that match the individual ...
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