Law stated as at 26 Nov 2010 • England, Scotland, Wales
A checklist of points for trustees to consider before agreeing to the use of contingent assets in the funding of a salary-related pension scheme. The law stated in this document is correct as before the Pensions Regulator's updated guide on the use of contingent assets Monitoring employer support: Covenant, contingent assets and other security. For more information see Legal update, Regulator publishes guidance on employer covenant.