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Pensions Act 2004 - Pension Scheme Creditors - A force to be reckoned with, May 2005

August 2007 - Insolvency & Restructuring. Legal Developments by KPMG LLP.

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Where a pension creditor exists in a distressed situation, other creditors may have to get used to the pension trustees and / or their advisors becoming considerably more assertive. This situation will arise as trustees must ensure that they do not allow the pension scheme to have fewer assets that would support the benefits available to members under the new Pension Protection Fund regime ("the PPF"). (Lender Briefing - 212717)

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