Box Clever FSD may be invalid due to lack of clarity

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Lack of clarity on how much ITV could be forced to pay out after the Box Clever financial support direction undermines the order and could leave it invalid, a lawyer warns.

The Pensions Regulator's determinations panel issued an FSD against five target companies, all related to ITV, in relation to the £62m deficit of the Box Clever Pension Scheme late last month. L...

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