DWP has published its White Paper on protecting defined benefit pension schemes. The government doesn’t intend to make any changes to the employer debt provisions for multi-employer pension schemes because: if it made changes to help the Plumbing Pensions Scheme it would apply to all 1000 last man standing multi-employer schemes; it is not willing…
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…
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