I’ve worked with the insolvency market now for 19 years (yes, I’m that old!) and until recently I had only ever been out onsite to distressed businesses on 3 separate occasions. However, in recent weeks I have doubled that number and I therefore posed the question why?
The immediate answer is that the risks associated with pension schemes have now risen especially when an Insolvenc...
A consultation process has begun which sees the fallout from the recent high-profile collapses of Carillion and BHS redressed in proposals which include a hefty increase in fines and penalties issued to those responsible for Defined Benefit (Final Salary) pension schemes, additionally widening the scope to include company directors and restructuring professionals.
In the paper, which wou...
