The Pensions Regulator has released its reasoning for issuing a series of financial support directions to the ITV group over the beleaguered Box Clever Pension Scheme.
The watchdog said it made the five orders because the broadcast giant received significant financial benefit from the creation of TV rentals firm Box Clever - about £500m - while the firm itself we...
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
