Type-A event | Practical Law

Type-A event | Practical Law

Type-A event

Type-A event

Practical Law UK Glossary 8-382-7188 (Approx. 3 pages)

Glossary

Type-A event

In the context of pensions, an event that is materially detrimental to the ability of a defined benefit pension scheme to meet its liabilities. A type-A event can either be employer-related or scheme-related. The Pensions Regulator expects parties to apply for clearance (against the possibility the Regulator will use its anti-avoidance powers) only if a type-A event occurs.