TITLE

FINANCIAL SUPPORT DIRECTIONS AND INSOLVENCY: THE PENSIONS REGULATOR'S VIEW

PUB. DATE
July 2012
SOURCE
Venulex Legal Summaries;2012 Q3, Special section p1
SOURCE TYPE
Law
DOC. TYPE
Opinion
ABSTRACT
The author comments on the British Pensions Regulator's statement on financial support directions (FSD) which intends to provide guidance with regards to issuing FSD after a company has been placed into administration. According to the Regulator, it has no intention of delaying the issue of an FSD until a company goes into administration and take advantage of post-insolvency priority ranking. The author states that the Regulator's statement is unlikely to provide lenders with certainty.
ACCESSION #
25354420

 

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