Plumbing Pensions Trustees faces £265,000 summons

Trustees accused of promoting the fund despite mounting problems with orphan liabilities

Hope William-Smith
clock • 2 min read
Plumbing Pensions Trustees faces £265,000 summons

Plumbing Pensions’ trustees continued actively promoting the scheme to prospective employers and did not inform them they would incur liabilities if they joined, a former participator says.

Hertfordshire-based commercial cleaning firm Kamco is now seeking more than £265,000 in damages from the scheme, supported by specialist law firm Gunnercooke. Kamco paid £107,455 in contribution...

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 Defined Benefit

Tender Watch: LGPS re-appoints Equiniti as admin software supplier

Tender Watch: LGPS re-appoints Equiniti as admin software supplier

LGPS re-appoints Equiniti as software supplier on national framework for a further four years

Professional Pensions
clock 15 April 2025 • 1 min read
Professional Pensions' DB Funding Index

Professional Pensions' DB Funding Index

How the funding of defined benefit pension schemes is changing

Jonathan Stapleton
clock 04 April 2025 • 1 min read
Caravan and Motorhome Club scheme transitions to Standard Life plan

Caravan and Motorhome Club scheme transitions to Standard Life plan

Contract sees scheme join firm’s Group Flexible Retirement Plan

Jasmine Urquhart
clock 02 April 2025 • 1 min read
Trustpilot