Trustees can scupper private equity deals by being "recklessly prudent" over scheme funding, PricewaterhouseCoopers Legal warns.
But the financial services giant’s legal arm said while these demands “exercised influence in the market” only a fraction of trustee boards had the power to insist on full funding at the time of a ...
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date