A WINDFALL tax on private equity should be introduced to cover the liabilities of insolvent schemes, a union claims.
Delegates at GMB’s annual conference were told that 96 insolvent pension funds in rescue schemes had direct links to private equity owners. Of the total, 58 were in the Financial Assistance Scheme and...
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Interserve's numerous defined benefit (DB) schemes have retained a sponsor link after the company entered into administration and was sold.