UK - The pensions regulator has reminded insolvency practitioners of the ramifications of the 2004 Pensions Act, which gives the regulator the statutory role of appointing an independent trustee to a pension scheme where the employer enters insolvency.
Clive Pugh, trustee services manager at the pension regulator said: Insolvency practitioners must comply with the Pensions Act, and ensure that they tell us when a company becomes insolvent. “We...
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