TPR intervention leads to wind up of Polestar Pension Scheme

Jonathan Stapleton
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The trustees of the Polestar Pension Scheme are set to wind up the fund after The Pensions Regulator advised continuation would not be in the interest of members.

The move comes after the regulator allowed the separation of the Polestar scheme from its sponsor in 2006 in exchange for a promise to pay £45m over a period of 12 years. However, in the interve...

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