Pensions Regulator to issue first financial support directions

Resource type: Legal update: archive

Status: Published on 19-Jun-2007

Jurisdictions: England, Scotland, Wales

The Pensions Regulator has published two determinations giving notice of its intention to issue financial support directions (FSDs) against Sea Containers Limited after 28 days have elapsed. The determinations follow an oral hearing that took place before the Regulator's determinations panel on 12 and 13 June 2007. Assuming FSDs are issued, this will be the first occasion on which the Regulator has used its anti-avoidance powers enacted under the Pensions Act 2004. Sea Containers Limited has the right to appeal against the determinations to the Pensions Regulator Tribunal.
PLC Pensions

Register for free access

To access this resource and thousands more, register for a free, no-obligation trial of Practical Law. Register using the button below, telephone +44 (0)20 7202 1220 or e-mail info@practicallaw.com.

A free trial will give you:

✔ Unlimited access to Practical Law online know-how
✔ Thousands of market standard documents and clauses
✔ Daily alerts and weekly update e-mails on key legal developments in your practice area
 

Register

Log in

To access this resource, log in below or register for free access.

Contact us

Our customer services team are available every working day 8.30am to 7pm (GMT).

Actions
Resource information
Show resource details Hide resource details
  • Resource ID: 7-368-4986
  • Published: 19-Jun-2007
  • Products:  PLC UK Pensions, PLC UK Public Sector
Ask a question
Print
Related content
Related content
Topics
{ "siteName" : "PLC", "objType" : "PLC_Doc_C", "objID" : "1247246895013", "objName" : "Pensions Regulator to issue first financial support directions", "userID" : "2", "objUrl" : "http://uk.practicallaw.com/cs/Satellite/7-368-4986?q=&qp=&qo=&qe=", "pageType" : "", "contentAccessed" : "false", "analyticsPermCookie" : "2-5a73ff32:13ecd17af52:-6e14", "analyticsSessionCookie" : "2-5a73ff32:13ecd17af52:-6e13", "statisticSensorPath" : "http://analytics.practicallaw.com/sensor/statistic" }