Day nine: Box Clever trustees fall foul of 'reverse moral hazard'

James Phillips
clock • 4 min read

The trustees of the Box Clever Group Pension Scheme committed a form of "reverse moral hazard" by running the scheme on while its participating employers were in administrative receivership, ITV has claimed.

The allegation was made during the final day of an Upper Tribunal hearing where The Pensions Regulator (TPR) is seeking to impose a financial support direction (FSD) each on five ITV Group companie...

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James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

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