Lawyers have dismissed The Pensions Regulator's warning to investors that it will take action against firms triggering pre-pack insolvencies to offload pension liabilities from businesses.
Last week, TPR chairman Michael O’Higgins said the watchdog would not hesitate to investigate firms where “a weak covenant has been manufactured”. He told the National Association of Pension Fun...
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
