Box Clever scheme enters PPF assessment as legal battle 'drags on'

Stephanie Baxter
clock

The Box Clever Pension Scheme has started an assessment period with the Pension Protection Fund (PPF) to decide if it will have to enter the lifeboat fund.

It is the latest stage in a battle between the trustees and sponsor ITV Group, which continues to fight demands from the regulator that it should plug the scheme's estimated £70m-£90m deficit. T...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • 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

Join now

 

Already a Professional Pensions
member?

Login

More on Law and Regulation

SPP: Sizing up the DC market

SPP: Sizing up the DC market

David James looks at proposed changes to the DC pensions market in order to encourage scale

David James
clock 30 January 2025 • 3 min read
MPs vote for motion to provide compensation for Waspi women

MPs vote for motion to provide compensation for Waspi women

109 MPs backed SNP motion for government to consider findings of PHSO report

Martin Richmond
clock 30 January 2025 • 3 min read
Robin Ellison – How TPR might do its bit to boost UK economic growth

Robin Ellison – How TPR might do its bit to boost UK economic growth

PP’s regular columnist imagines how the regulator might improve national productivity

Robin Ellison
clock 29 January 2025 • 12 min read
Trustpilot