UK - The government has agreed to take "belt and braces action" to ensure trustees are aware of their responsibilities when a scheme is being wound up.
The House of Lords heard that tests will be carried out for at least a year when any final salary scheme goes into wind-up to ensure there is no evidence of fraud and ascertain whether it can fall ...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
- 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