PSA21 EP7 - The impact of The Pension's Regulators powers on Restructuring and Insolvency

In this latest podcast in our Pension Schemes Act 2021 Soundbite series, Senior Associate, Philip Lis from our restructuring and insolvency team, joins Professional Support Consultant, Tim Smith, to discuss the impact the new pensions criminal offences and regulatory sanctions are having on corporate restructuring and insolvencies where a company or group has a defined benefit (DB) pension fund. In particular, Philip shares his views on: how the new offences and regulatory sanctions and the Pensions Regulator's guidance are likely to impact the approach to restructuring and insolvency processeswhat practical steps stakeholders can take to mitigate the risks associated with these new sanctions; and how these sanctions interact with directors' general legal duties.For more analysis on how these new offences and regulatory sanctions may impact corporate activity check out:Our recent blog - New pensions criminal offences and regulatory sanctions now in forceOur UK Pensions Regulation