Plumbing Pensions seeks approval to fund legal battles for s75 non-payments

James Phillips
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The scheme began issuing s75 debt notices last year
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The scheme began issuing s75 debt notices last year

The trustees of the £2bn Plumbing and Mechanical Services (UK) Industry Pension Scheme are seeking court approval to use scheme funds in potential upcoming legal battles.

The 40,000-member multi-employer scheme is in the process of recovering section 75 debts from employers, some of whom are on the hook for orphan liabilities on a buyout basis. Orphan liabilities ar...

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James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

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