Insolvency reforms to boost PPF protection for schemes with foreign sponsors

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Schemes with foreign parent companies that go bust should find it easier to get into the Pension Protection Fund (PPF) under cross-border insolvency reforms from the European Council (EC).

The Pensions Regulator (TPR) could also pursue European firms for recoveries more effectively under the proposed rules, which will get a second reading by the European Parliament this summer. Th...

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