UK - Disgruntled scheme members are causing firms "endless and costly" delays by taking spurious action on wind-ups to the courts, experts claim.
Denton Wilde Sapte partner Elmer Doonan spoke out after a dispute over the wording of scheme rules during wind-up cost an electronics firm £1m – even though the employer eventually won. The High...
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
