BDO’s Andy Palmer warns trustees to consider the impact of evolving societal expectations
Smaller schemes, additional guidance and confidentiality amid key industry concerns
The rationale used to ultimately assess whether certain contribution notices can be issued needs further fine tuning, leading industry associations say.
The Pensions Regulator (TPR) has failed to assuage concerns over its enhanced criminal sanctions regime with the industry continuing to call for clarity.
Schemes need to dynamically and closely monitor the position of their employer covenant and its corporate longevity, ensuring the assessment is not conducted in isolation, the Employer Covenant Practitioners Association (ECPA) says.
Andy Palmer says trustees and employers should prepare for a no deal, which could pose big risks to sponsor covenants