TITLE

Paying the price

AUTHOR(S)
Cullen, Gary
PUB. DATE
December 2005
SOURCE
Lawyer;12/5/2005, Vol. 19 Issue 47, p29
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that the Pensions Regulator in Great Britain is suggesting tougher funding requirements for companies to recover deficits including cash payments from companies wanting to exit multiple employer schemes. These moves will ease pressure on the Pension Protection Fund. However, more restrictive funding requirements could send companies already having difficulties with current minimum funding requirements into bankruptcy.
ACCESSION #
19354713

 

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