Action urged to tackle sponsors 'milking and dumping' DB schemes

Kristian Brunt-Seymour
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Action urged to tackle sponsors 'milking and dumping' DB schemes

The government should give the regulator more powers to prevent companies from avoiding defined benefit (DB) deficits, according to a Pensions Institute report.

The Milking and Dumping: The Devices Businesses Use to Exploit Surpluses and Shed Deficits in Their Pension Schemes study looked at various ways employers have been able to take advantage of schemes and...

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