plumbers
Defined Benefit
A ban on employers leaving an industry-wide plumbing pension scheme has been extended for six months in a bid to protect the covenant.
02 January 2019
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1 min read
Defined Benefit
The Plumbing and Mechanical Services (UK) Industry Pension Scheme has temporarily banned any of its sponsoring employers from leaving the scheme.
08 January 2018
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1 min read
Risk Reduction
The embattled multi-employer Plumbing & Mechanical Services (UK) Industry Pension Scheme has purchased a £560m buy-in with Legal & General (L&G).
06 September 2017
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3 min read
Law and Regulation
The government has missed out by failing to amend "draconian" section 75 debt regulations and tax relief for lower paid earners, Baroness Ros Altmann has said.
17 January 2017
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2 min read
Law and Regulation
Section 75 debt regulation is inadvertently causing huge financial distress for employers in the industry-wide plumbers' scheme. After years of inaction the government must urgently find a solution, writes Stephanie Baxter
06 January 2017
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4 min read
