THE department for work and pensions is considering options to relax rules which force firms winding up a pension scheme as part of a corporate restructure or demerger to fully cover liabilities.
The government department announced a four week informal consultation on changing the so-called section 75 rules this morning following representations from business lobby groups such as the Confed...
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