The DWP proposes further changes to the “employer debt” legislation

Following an informal consultation in late 2008, the DWP is now consulting formally about changes to the Employer Debt Regulations made under s75 Pensions Act 1995. The consultation document can be found at www.dwp.gov.uk/consultations/2009.

The main proposed changes are intended to facilitate corporate restructurings, but other changes are designed to address some technical problems with the Regulations.

Corporate restructurings

Filed under:
United Kingdom, Employee Benefits & Pensions, Insolvency & Restructuring, Mayer Brown, Share (finance), Public consultations, Debt, Liability (financial accounting), Liquidation, Easement, Defined benefit pension plan, Pensions Act 1995 (UK), DWP
Location:
United Kingdom
Firm:
Mayer Brown