The Pensions Regulator has hit back at accusations it is "sitting on its hands" over guidance on asset-backed contributions but ruled out bringing a test case to clarify their legality.
Last week, scheme advisers warned that some asset-backed structures - while beneficial to many schemes - could be found to constitute employer related investment if challenged in court (PP, 10 Nove...
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