On 7th August 2007 the Department for Work and Pensions (the “DWP”) issued its consultation document on draft amendments to the Occupational Pension Schemes (Employer Debt) Regulations 2005. These regulations are commonly known as the "Employer Debt Regulations" and arise from Section 75 of the Pensions Act 1995 which places a debt on the employer where an employer withdraws from a pension scheme.
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