Legal Edge ; Comron Rowe, Pensions Specialist at Foot Anstey Solicitors, Advises Businesses with Final Salary Pension Schemes to Be Aware of the Recent Changes to the Pensions Regulator's 'Moral Hazard' Powers

Summary

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IT'S hard being a business with a final salary pension scheme. If you run one it is likely that the scheme's liabilities have been going up as fast as its assets have been coming down. At the same time, the economic downturn means that you are less likely to have spare cash to top up your scheme.

Against this background, it is not surprising that many businesses want to take action.

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Legal Edge ; Comron Rowe, Pensions Specialist at Foot Anstey Solicitors, Advises Businesses with Final Salary Pension Schemes to Be Aware of the Recent Changes to the Pensions Regulator's 'Moral Hazard' Powers

If you are a business considering how to manage your liabilities to a final salary pension scheme there are various legitimate steps you can take. However, befor...

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