526. Meanings of 'financial support', 'service company' and 'insufficiently resourced'.

For the purposes of the provisions relating to financial support directions1, 'financial support' for a scheme means one or more of the arrangements set out below, the details of which are approved in a notice issued by the Pensions Regulator2. The arrangements referred to above are: (1) an arrangement whereby, at any time when the employer3 is a member of a group of companies4, all the members of the group are jointly and severally liable for the whole or part of the employer's pension liabilities5 in relation to the scheme; (2) an arrangement whereby, at any time when the