TPR flexes anti-avoidance muscles to protect benefits

Michael Klimes
clock • 1 min read

The Pensions Regulator (TPR) has used its anti-avoidance powers to ensure members of a defined benefit (DB) scheme receive their full benefits.

The regulator said the sale of data management services provider The Database Group (TDG) would have led to an insecure future for the scheme. In a regulatory intervention report issued on 26 Oc...

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