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Jonathan Camfield: The very real risk is that some employers will face insolvency
New regulations on defined benefit (DB) pension scheme funding risk are forcing all schemes into a ‘one-size-fits-all straitjacket’ leading to potentially severe outcomes in some cases, Lane Clark & Peacock (LCP) says.
The consultancy said under the regulations - published for consultation by Department for Work and Pensions (DWP) in July - all DB schemes will have to reach a state of ‘low-dependency', where no a...
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