The majority of Buzz respondents do not want The Pensions Regulator (TPR) to be given the power to close under-funded schemes to future accrual.
The suggestion was rejected as being an "intervention too far". "Funding plans (approved by the employer and the trustees) are designed to rectify a poorly funded scheme so why would TPR interve...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
