UK Pensions and Insolvency Webinar: New Corporate Insolvency Act | What does it mean for pension schemes?

COVID-19 finally brought forward new debtor in possession restructuring procedures; the standalone moratorium and the flexible restructuring plan which allows the cram up and cram down of different classes of creditors and shareholders, which the restructuring industry has long been calling on the Government for. The provisions were brought into force with almost unseemly haste to tackle the economic consequences of the pandemic. The Act provides an alternative to more traditional restructuring and insolvency processes, but how will pension schemes be impacted? This webinar will explore the impact on schemes and sponsoring employers, and what the Act means for the Regulator and the PPF.