The ECPA welcomes the opportunity to respond to the Consultation. As an organisation representing the employer covenant industry, we have chosen not to respond to the individual Consultation questions but wish to draw attention to the importance of the role of employer covenant when trustees and sponsors make decisions on surplus release, and recommend it ...more...
We have responsed to the DWP consultation on trusteeship and governance and noted that the current trusteeship and governance system generally functions well, with trustees usually taking covenant advice at appropriate junctures. More…
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We have responded to the DWP Options for DB Schemes consultation with proposals that call for a gateway approach ahead of surplus extraction and entry to a public consolidator, should that idea be progressed.
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