24 June 2019
“The Pensions Regulator (TPR) is again calling on ITV to fund the Box Clever pension scheme following another court ruling that TPR was right to use its powers to seek financial support
The Court of Appeal today dismissed ITV’s challenge to a decision by the Upper Tribunal last year, namely that a Financial Support Direction should be issued to ITV in relation to the Box Clever scheme, which has 2,800 members and a deficit of around £115 million.
Today’s judgment follows a week-long appeal hearing in May 2019.”
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