- Achieving a fairer treatment of pensions by ailing companies: government response on corporate governance
- What is the background to this consultation response?
- What measures is the government taking to better protect pensions?
- What is the impact of the proposed pensions measures?
Pensions analysis: On 26 August 2018, the government published its response to the consultation on insolvency and corporate governance which aims to improve corporate standards when approaching insolvency. Among other things, the government intends to take steps to increase the transparency of companies’ dividend policies, thereby making sure that company directors consider actively the affordability of dividend payment given other financial demands, including from defined benefit pension schemes.
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