Be ready for sponsor distress, TPR tells trustees in fresh guidance
Trustees must know the signs of sponsor distress and be prepared to act quickly as the “first line of defence” for savers, The Pensions Regulator (TPR) has warned.
Despite government interventions, Covid-19 is continuing to damage the economy and employer health, leading to increased levels of corporate activity, some in response to distress. Earlier today, the...
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