The government has released the final regulations for the new Deferred Debt Arrangement easement that comes into effect from 6 April 2018. In essence the easement allows an employer to exit the Scheme and defer the section 75 employer debt that would have otherwise been triggered. Employers who use this easement will remain responsible for the ongoing funding of the Scheme.

The Occupational Pensions Schemes (Employer Debt and Miscellaneous Amendments) Regulations 2018 can be viewed at https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/683655/government-response-to-the-occupational-pension-schemes-employer-debt-2018-consultation.pdf.