Extra employer rooted in botanical scheme following TPR intervention
A second employer has been appointed to stabilise the National Institute of Agricultural Botany (NIAB) pension scheme after intervention from The Pensions Regulator (TPR) when trustees failed to agree a valuation in 2015.
TPR said the scheme was now in a "much stronger position" after "months of settlement discussions". The regulator said it had considered using its anti-avoidance powers where the scheme was at risk...
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