DC good governance: a matter of principle
Late November saw the Pensions Regulator Code on the governance and administration of occupational defined contribution (DC) trust-based pension schemes come into force. Guidance on this topic was also issued by the regulator at the same time.
The regulator’s approach to DC governance has been developing at a steady pace. Following a statement in Autumn 2011 covering the behaviour that the regulator expects of DC scheme trustees, the regulator went on to publish six principles…
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Also: collateral purpose of winding-up petition is not an abuse of process; and more.
…despite representation and warranty to the contrary. A helpful decision for lenders