Corporate Insolvency and Governance Bill

Chris Edwards-Earl and Sue Moore explore how the Corporate Insolvency and Governance Act 2020 will affect pension schemes.

The government has amended its Corporate Governance and Insolvency Bill to give the Pension Protection Fund (PPF) and The Pensions Regulator (TPR) a greater role in corporate restructurings.

The Pensions and Lifetime Savings Association (PLSA) has written to the Department for Business, Energy and Industrial Strategy (BEIS) to express its concerns over the potential impact of the Corporate Insolvency and Governance Bill on schemes.